A4 - Other Audit Procedures Flashcards

1
Q

What is the primary reason an auditor requests letters of inquiry be sent to a client’s attorneys?

A

To corroborate the info furnished by management

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Who inquires of the client’s attorney in an audit inquiry letter?

A

The client; due to client-attorney privileges, the auditor would not be able to get a response from the attorney

How well did you know this?
1
Not at all
2
3
4
5
Perfectly