Question: Generally accepted auditing standards require that auditors always prepare and use a. A written planning memorandum explaining the auditors understanding of the clients business. b.

Generally accepted auditing standards require that auditors always prepare and use
a. A written planning memorandum explaining the auditors’ understanding of the client’s business.
b. A written client consent to discuss audit matters with prospective auditors.
c. A written audit plan.
d. The written time budgets and schedules for performing each audit.

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