Question: Help please! When a CPA is approached to perform an audit for the first time, the CPA should make inquiries of the predecessor auditor. This
Help please!
When a CPA is approached to perform an audit for the first time, the CPA should make inquiries of the predecessor auditor. This is a necessary procedure because the predecessor may be able to provide the successor with information that will assist the successor in determining:
A. Whether the predecessor's work should be utilized.
B. Whether the company follows the policy of rotating its auditors.
C. Whether the engagement should be accepted.
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