One of the first things that the auditor will do after accepting a new client is:
A) communicate with the client's predecessor auditor.
B) tour the client's facilities.
C) contact the client's solicitor to discover legal obligations.
D) study the client's internal controls.

Question

Quizplus · Accepted Answer

After accepting a new client, one of the first things an auditor will typically do is tour the client's facilities. This allows the auditor to gain a better understanding of the nature of the client's operations, the internal control environment, and potential risks that may affect the audit. While the auditor may eventually communicate with the client's predecessor auditor, contact the client's solicitor, or study the client's internal controls, these actions typically occur after the initial facility tour has taken place.

One of the First Things That the Auditor Will Do