2019-02-02T12:51:36+00:00 projects

From the Key Players: Why is it important for the auditor to report to the audit committee?

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Audit Questions

1. From the Key Players: Why is it important for the auditor to report to the audit committee?
2. If the CPA auditor`s spouse is a senior manager at the company to be audited, does the auditor have independence
3. What is the PACOB and why is it important for CPA`s?
4. Give an example of an Audit firms systems of quality control.
5. What if an auditor does not have experience in a particular industry, should they take a class and then accept the audit?
6. What if the potential client doesn`t want the new auditor to communicate with the previous audit firm? Is this a potential risk?

References


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