When an independent auditor is approached
to perform an audit for the first time, he/she
should make inquiries of the predecessor
auditor. Inquiries are necessary because the
predecessor may be able to provide the
successor with information that will assist
the successor in determining whether
a. A certain amount of audit fee will be
acceptable to the client.
b. An unqualified opinion may be issued.
c. The audit documentation by the
predecessor auditor can be utilized.
d. The engagement proposal should be
accepted
to perform an audit for the first time, he/she
should make inquiries of the predecessor
auditor. Inquiries are necessary because the
predecessor may be able to provide the
successor with information that will assist
the successor in determining whether
a. A certain amount of audit fee will be
acceptable to the client.
b. An unqualified opinion may be issued.
c. The audit documentation by the
predecessor auditor can be utilized.
d. The engagement proposal should be
accepted