Which of the following information should a successor auditor obtain during the Enquiry of the predecessor auditor before accepting engagement?

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Finance/CA

33 followers 02 Apr 2021 12:35 PM

Which of the following information should a successor auditor obtain during the inquiry of the predecessor auditor before accepting engagement? i) Information about integrity of management ii) Disagreement with management concerning auditing procedures iii) Review of internal...

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A

(i) and (ii)

B

(ii) and (iii)

C

(i) , (ii) and (iii)

D

(i) and (iii)

MBA/Management CLAT/CE-Law Finance/CA

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Which of the following information should a successor auditor obtain during the inquiry of the predecessor auditor before accepting engagement Mcq?

i) Information about integrity of management.

What is the responsibility of a successor auditor to communicate with the predecessor auditor in connection with a prospective new client?

The successor auditor has no responsibility to contact the predecessor auditor.

What are the responsibilities of the successor and predecessor auditor when a company is changing auditors?

Terms in this set (6) what are the responsibilities of the successor and predecessor auditors when a company is changing auditors? the new auditor who is the successor is required to initiate communication with the predecessor auditor in order to help determine whether to accept the engagement.

Who shall initiate the communication between a successor and predecessor auditor in case there is change in the auditor of a company?

06 The initiative for communicating rests with the successor auditor. The communication may be either written or oral. Both the predecessor and succes- sor auditors should hold in confidence information obtained from each other.

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