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Author Question: Smith, CPA, has requested permission to communicate with the predecessor auditor in order to review ... (Read 71 times)

jacob816

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on: Aug 21, 2022

Question 1

One of the purposes of an engagement letter is to avoid misunderstandings with the client. This is important for
◦
Engagement objectivesEngagement limitations
YesYes

◦
Engagement objectives Engagement limitations
NoNo

◦
Engagement objectivesEngagement limitations
YesNo

◦
Engagement objectivesEngagement limitations
NoYes


Question 2

Smith, CPA, has requested permission to communicate with the predecessor auditor in order to review certain workpapers for high risk accounts for a new audit client. The new audit client's refusal to allow this communication to occur would impact Smith's decision concerning
◦ the auditor's ability to design audit tests.
◦ possible scope exception due to lack of access.
◦ the desirability of accepting the prospective engagement.
◦ violation of the GAAP rules concerning consistency and comparability of financial information.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by jacob816 on Aug 21, 2022

Sha

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jacob816

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Reply 2 on: Aug 21, 2022
:D TYSM

Liddy

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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