Auditing - Communications with Predecessor Auditor

The video tutorial explains the roles of predecessor and successor auditors, emphasizing the importance of communication between them before a new audit engagement. It highlights the necessity of client permission for such communication and the significance of understanding the reasons for changing auditors. The tutorial also discusses the access and ethical sharing of work papers, noting that the predecessor auditor owns these documents and may choose to share them with limitations. The successor auditor must attempt to communicate with the predecessor auditor to ensure a smooth transition.

What is the role of the predecessor auditor in the audit engagement process?

Why is it important for the successor auditor to communicate with the predecessor auditor?

What must the client provide for the predecessor auditor to communicate with the successor auditor?

What issues might the successor auditor uncover by asking about the reason for the change in auditors?

What ethical considerations should the predecessor auditor keep in mind when sharing information with the successor auditor?