These all need to be based on the United States
Problem 1) Explain the nature and purpose of audit working papers and identify one of the four major types?
Problem 2) Why is it considered necessary for a successor auditor to communicate with a predecessor audit?
Problem 3) Why is it necessary for auditors to determine whether they have the competence to complete an engagement before accepting it?
Problem 4) Why is it important for an auditor to evaluate independence in deciding whether to accept a new client?
Problem 5) What is an engagement letter and what are the purposes of it ?