Accounting Mcqs

You have been proposed as auditor of a company. What is the first step that you should take?

(A) Obtain the client’s permission to communicate with the existing auditor

(B) Obtain the existing auditor’s working papers

(C) Obtain a copy of the company’s most recent board minutes

(D) Obtain a copy of the existing auditor’s letter of engagement

Submitted By: Ali Uppal

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