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What information should Tish and Field obtain

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Reference no: EM132681892

Question - Scenario: The audit committee of the board of directors of A Corporation asked Tish & Field, CPAs, to audit A's financial statements for the year ended December 31, 2015. Tish & Field explained the need to make an inquiry of the predecessor auditor and requested permission to do so. A's management agreed and authorized the predecessor auditor to respond fully to Tish & Field's inquiries.

1) What information should Tish & Field obtain during its inquiry of the predecessor auditor prior to accepting the engagement?

2) What additional audit procedures should Tish & Field perform in evaluating A as a potential client?

Reference no: EM132681892

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