Question: What should an auditor do if approached by a client where he and his firm lack or do not have access to the technical knowledge

 What should an auditor do if approached by a client where
he and his firm lack or do not have access to the

What should an auditor do if approached by a client where he and his firm lack or do not have access to the technical knowledge required to complete the audit? O a subcontract the audit to another firm O b. conduct the engagement, but prepare a qualified audit report Oc indicate that they can do a review engagement not an audit Od decline the new audit engagement

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!