Explain the procedures you should carry out

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Question - You are a partner in H, J and Co, a firm of Chartered Certified Accountants. You have just successfully tendered for the audit of LEE Co, a chain of Bread shops across Arusha Town. The tender opportunity was received cold, that is, the company and its officers are not known to the firm. The company has just been incorporated and has not previously had an audit. You are about ready to accept nomination. Explain the procedures you should carry out prior to accepting nomination.

Reference no: EM132545441

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