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group audit: matters to be considered if to accept a new group audit client

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › group audit: matters to be considered if to accept a new group audit client

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by Kim Smith.
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  • November 22, 2020 at 10:10 am #596039
    amysnowy
    Participant
    • Topics: 72
    • Replies: 25
    • ☆☆

    dear tutor

    could you please advise what matters to be considered whether to accept a new group audit client?

    Many thanks

    November 22, 2020 at 10:40 am #596043
    Kim Smith
    Keymaster
    • Topics: 137
    • Replies: 8385
    • ☆☆☆☆☆

    Same as for any audit (see Chapter 7 of the AA notes) – ethical (independence/communication with predecessor auditor), practical (geographic locations, timescale, resources, etc) – with the additional considerations for the audit of components (ISA 600 – see also our Chapter 21 in AAA notes).

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