ACP AUDITING - RISK BASED APPROACH
ACP AUDITING - RISK BASED APPROACH
10th Edition
ISBN: 9780357195079
Author: JOHNSTONE
Publisher: CENGAGE C
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Chapter 1, Problem 53RSCQ
To determine

Introduction:Clients acceptance decision in case of new clients refers to the valuation of clients related risks and associated fees. In the case of existing clients, the continuance decision relates to the determination of continuance of audit work in the following period based on various factors.

To state: The examples for the given type of risk associated with client acceptance and continuance decision.

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