Which of the following statements is true regarding communications between predecessor and successor auditors?
A) The burden of initiating the communication rests with the predecessor.
B) The predecessor's response can be limited to stating that no information will be provided.
C) The predecessor should communicate with the successor only if the client is public.
D) The predecessor auditor of a public company does not need permission from the client before communicating with the successor auditor.

Question

Quizplus · Accepted Answer

The predecessor auditor can indeed limit their response to stating that no information will be provided. This is in line with professional standards, which allow the predecessor to decide the extent of information to be shared, including the option to not provide any information at all.

Which of the Following Statements Is True Regarding Communications Between