McGrath and Partners Chartered Accounting firm is tendering for the audit of Harris Ltd for the next

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McGrath and Partners Chartered Accounting firm is tendering for the audit of Harris 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 McGrath and Partners is also tendering to provide taxation services to Harris Ltd.


Required

Explain whether the audit team should continue to tender for the audit work of Harris Ltd.

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Related Book For  answer-question

Auditing A Practical Approach

ISBN: 9780730364573

3rd Edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton

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