Question: Steve, an audit partner at a medium - siped CPA frm has been assigned the task of mentoring Barhara, a newly promoted audit senior. Ore

Steve, an audit partner at a medium

-

siped CPA frm has been assigned the task of mentoring Barhara, a newly promoted audit senior. Ore day at lunch, Steve and Barbara are divcusing the topic of taking on new clients and retaining existing ones. Barbara is having a hard time understanding why once an auditor has accepted a client, the declibon would be revaluated at future points. Stever's best response to Barbara's question is

strategy helps the auditor maximile prohtability.

higher.

Steve, an audit partner at a medium - siped CPA

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