The Rules of Professional Conduct require a successor auditor to communicate with the previous auditor. The primary concern in this communication is
A) to acquire information which will help the successor auditor determine whether the client management has integrity.
B) to learn about the client by examining the predecessor's working papers.
C) to enable the successor to perform a more efficient audit.
D) to save the successor auditor time and money in gathering data.

Question

Quizplus · Accepted Answer

The primary concern in communicating with the previous auditor is to acquire information which will help the successor auditor determine whether the client management has integrity. This information can help the successor auditor determine the level of risk associated with the engagement and develop an appropriate audit strategy. Learning about the client and enabling a more efficient audit are also important considerations, but the primary concern is integrity. Saving time and money is not the primary concern.

The Rules of Professional Conduct Require a Successor Auditor to Communicate