Which of the following factors most likely
would cause a CPA to decline a new audit
engagement?
a. The CPA does not understand the entity's
operations and industry.
b. The CPA is unable to review the
predecessor auditor's working papers.
c. Management is unwilling to permit
inquiry of its legal counsel.
d. Management acknowledges that the
entity has had recurring operating losses
would cause a CPA to decline a new audit
engagement?
a. The CPA does not understand the entity's
operations and industry.
b. The CPA is unable to review the
predecessor auditor's working papers.
c. Management is unwilling to permit
inquiry of its legal counsel.
d. Management acknowledges that the
entity has had recurring operating losses