Q
You have been proposed as auditor of a company. What is the first step that you should take?
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A
A. Obtain the client’s permission to communicate with the existing auditor
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B
B. Obtain the existing auditor’s working papers
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C
C. Obtain a copy of the company’s most recent board minutes
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D
D. Obtain a copy of the existing auditor’s letter of engagement
Correct Answer:
A. A. Obtain the client’s permission to communicate with the existing auditor
