Raymond and Partners Chartered Accounting firm is tendering for the audit of Lewis Ltd for the next
Question:
Raymond and Partners Chartered Accounting firm is tendering for the audit of Lewis Ltd for the next financial year. During the tender preparation, the manager of the audit team discovers that a separate division of the same city office of Raymond and Partners is also tendering to provide taxation services to Lewis Ltd.
Required
Explain whether the audit team should continue to tender for the audit work of Lewis Ltd.
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In this scenario the audit team at Raymond and Partners Chartered Accounting firm has discovered that another division within the same city office of the firm is tendering to provide taxation services ...View the full answer
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Krishnavendra Y
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Related Book For 
Auditing A Practical Approach
ISBN: 9780730382645
4th Edition
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton
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