Georgia and Chloe are the senior partners in a mid-size audit firm. They have both acted as
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Georgia and Chloe are the senior partners in a mid-size audit firm. They have both acted as the lead audit partner at different times with a long-standing audit client, Willow Industries Ltd. The new CEO of Willow has requested a meeting with Georgia and Chloe to discuss issues with the firm’s work, including the length of time the audit team are on the Willow premises completing the audit work and the size of the audit fee charged in the past two years.
Required
What concerns should Georgia and Chloe have about the requested meeting? Explain.
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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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