A predecessor (old)auditor who has been contacted by a successor (new)auditor for information about the client must obtain permission from the client before providing any confidential information to the successor auditor.

Question

Quizplus · Accepted Answer

This is a standard ethical requirement for auditors to maintain the confidentiality of their clients' information, and the predecessor auditor is no exception. Therefore, they must obtain the client's permission before sharing any confidential information with the successor auditor. This is in line with the requirements of the International Standards on Auditing (ISA) and other regulatory bodies.

A Predecessor (Old)auditor Who Has Been Contacted by a Successor