In the investigation of a potential new client, if the client refuses to give permission to inquire of the existing auditor, or if the existing auditor does not respond fully, the prospective auditor should:
A) consider the implications in making the acceptance or rejection decision.
B) not accept the engagement.
C) request a CPA Australia/ICAA-sanctioned peer review of the predecessor.
D) request assistance from the ASIC.
Correct Answer:
Verified
Q1: The reliance on client internal audit personnel
Q3: Which of these would not be part
Q4: In accepting an engagement, an auditor takes
Q5: The auditor should regularly evaluate clients in
Q6: The initial phase of a financial statement
Q7: Which of these is not an example
Q8: Setting materiality levels, assessing audit risk and
Q9: When assessing the industry conditions of a
Q10: In assessing independence, an audit firm may
Q11: Which of the following is not normally
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