If the prospective client refuses to allow the predecessor auditor to communicate with the successor auditor, the successor auditor should have reservations about accepting the client.

Question

Quizplus · Accepted Answer

The communication between predecessor and successor auditor is important for successor auditor to have a clear understanding of the client's accounting records and financial statements. If the prospective client refuses to allow such communication, it may indicate possible conflicts or issues that the successor auditor should be cautious of before accepting the engagement.

If the Prospective Client Refuses to Allow the Predecessor Auditor