Auditing: A Risk Based-Approach to Conducting a Quality Audit
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN: 9781305080577
Author: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher: South-Western College Pub
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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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