[Anonymous]

I understand the auditor needs the client’s permission to acquire the document from predecessor, but what if the predecessor deosnt provide that information?

What does the auditor do? issue a disclaimer? Or cannot even accept the engagement?

Thanks a lot

[Jspann225]

If the predecessor auditor does not provide the successor auditor with access to their work papers. The auditor can still accept the engagement, and does not necessarily have to issue a modified opinion. They just have to take the appropriate steps to become comfortable that the the predecessor auditor's ending balances (which is now the successor auditor's opening balance) are not materially misstated.

FAR - 93 - 7/1/14
AUD - 94 - 7/25/14
REG - 92 - 8/30/14
BEC - 89 - 10/6/14

[Anonymous]

Jspann225, Thanks a lot.

I see you have a really good score on AUD, may I ask your audit studying plan and the material you are using?

I am using Ninja Audio, MCQ and Wiley Test Bank. But there are a lot of stuff on the exam that I never study before.

I really want to know your secret of passing AUD

[Jspann225]

I used Becker material. I went through all of the material once and took notes as I went. I then went through the transaction cycles, and audit procedures a second time. Honestly, I was never able to get comfortable with selecting appropriate procedures, but I worked the sims until I was able to consistently get 80% of them right. During my final week of review I just did ninja MCQ and rewrote the Ninja notes and my notes. If you don't work any other sims, I believe you should understand the sims fore transaction cycles, and procedures. It is highly likely that one will appear on the exam, and be very similar to your study material.

FAR - 93 - 7/1/14
AUD - 94 - 7/25/14
REG - 92 - 8/30/14
BEC - 89 - 10/6/14

[Author]

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