A3 - Engagement Acceptance and Understanding the Assignment

Question 1

Whose responsibility is it to contact the predecessor auditor, the client or the successor auditor?

Answer 1

The successor auditor

Question 2

A successor auditor is required to attempt communication with the predecessor auditor prior what event?

Answer 2

Accepting the engagement; however, the successor auditor must have permission from the client to contact the predecessor auditor

Question 3

T/F: It is part of the auditor’s responsibility to ensure that those charged with governance are aware of any significant deficiencies in internal control that come to the auditor’s attention

Answer 3

True; and this responsibility must be outlined in the engagement letter