This paper circulates around the core theme of What precautions must the auditor take to ensure that he or she remains independent with respect to the audit engagement when providing value-added-services? together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
You are having lunch with a member of the board of directors of a prospective client. You have just. 1 answer below » You are having lunch with a member of the board of directors of a prospective client. You have just explained how the audit opinion adds to the confidence of financial statement users by providing reasonable assurance that the financial statements are free of material misstatements. The director then asks what additional benefits the company might attain from the audit and your expertise in the business and industry. a. How would you respond to the director’s questions regarding additional benefits that the company might attain from the audit and how they are communicated? b. What View complete question » You are having lunch with a member of the board of directors of a prospective client. You have just explained how the audit opinion adds to the confidence of financial statement users by providing reasonable assurance that the financial statements are free of material misstatements. The director then asks what additional benefits the company might attain from the audit and your expertise in the business and industry. a. How would you respond to the director’s questions regarding additional benefits that the company might attain from the audit and how they are communicated? b. What precautions must the auditor take to ensure that he or she remains independent with respect to the audit engagement when providing value-added-services? View less » Jul 29 2015 10:15 AM
