What is Those charged with governance?
Also known as: TCWG
The person or body responsible for overseeing the strategic direction of the entity and its accountability obligations, including oversight of the financial reporting process. ISA 260 gives this term in its definitions paragraph and requires the auditor to communicate with them: the auditor's responsibilities, the planned scope and timing of the audit, and significant findings are communicated to them, and for listed entities, independence matters as well. Those charged with governance differ from day-to-day management: management runs the business, while those charged with governance oversee it. According to the standard, in some entities they may also include management, for example in a small company where the owner is also the director.
Source: 260-son AXS (ISA 260), ta'riflar; IRBA: ISA 260 (Revised)