Australian Dental Council (ADC) Practice Test

Access More Questions

Before accepting an audit engagement for a new client, the successor auditor wants to communicate with the predecessor auditor. What should the successor auditor do first?

Obtain the prospective client's permission to communicate with the predecessor auditor Ask the predecessor auditor to send working papers without informing the client Notify the securities regulator that the predecessor auditor will be contacted Issue an engagement letter and then request permission after fieldwork begins

Correct Answer:

Obtain the prospective client's permission to communicate with the predecessor auditor

Explanation:

Professional communication with a predecessor auditor generally requires the prospective client's permission because relevant client information is confidential. The communication helps the successor evaluate matters bearing on acceptance.

Access more questions from this quiz

Continue to Australian Dental Council (ADC) Practice Test for more practice questions and the full quiz experience.

Access More Questions