Q. You have been proposed as auditor of a company. What is the first step that you should take?
a. Obtain the client’s permission to communicate with the existing auditor
b. Obtain the existing auditor’s working papers
c. Obtain a copy of the company’s most recent board minutes
d. Obtain a copy of the existing auditor’s letter of engagement
ANSWER: Obtain the client’s permission to communicate with the existing auditor
Answer & Explanation
No explanation is available for this question!