Which of the following would a successor auditor ask the predecessor auditor after accepting an audit engagement? 1. Disagreements between the predecessor auditor and management as to significant accounting policies and principles. 2. The predecessor auditor's understanding of the reason for the change of auditor. 3. Facts known to the predecessor auditor that might bear on the integrity of management. 4. Matters that may facilitate the evaluation of financial reporting consistency between the current and prior years. O 2 0 3

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question 2
Which of the following would a successor auditor ask the predecessor auditor after accepting an
audit engagement?
1. Disagreements between the predecessor auditor and management as to significant
accounting policies and principles.
2. The predecessor auditor's understanding of the reason for the change of auditor.
3. Facts known to the predecessor auditor that might bear on the integrity of management.
4. Matters that may facilitate the evaluation of financial reporting consistency between the
current and prior years.
O 2
O 3
Transcribed Image Text:Question 2 Which of the following would a successor auditor ask the predecessor auditor after accepting an audit engagement? 1. Disagreements between the predecessor auditor and management as to significant accounting policies and principles. 2. The predecessor auditor's understanding of the reason for the change of auditor. 3. Facts known to the predecessor auditor that might bear on the integrity of management. 4. Matters that may facilitate the evaluation of financial reporting consistency between the current and prior years. O 2 O 3
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