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Prospective Client RE Prospective Client Information Worksheet for

Prospective Client RE Prospective Client Information Worksheet for

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hello and welcome to this session in which we'll keep discussing audit planning in the prior session we looked at audit planning in general in this session we're going to look at the initial audit planning what is the auditor expected to do as initial steps in the audit now we're going to have subsequent lectures about audit planning about more specific steps action we're going to be focusing on the initial stage where we would look at four key tasks needed to be completed what are those four key steps first thing is we need to assess to determine whether we should accept a new client or whether we want to continue with it with an existing one so we don't want to just take any client on and we're going to see why shortly and even if we have an existing client every year we would review whether we should keep this client or not again why do we do that we're going to discuss this in this session but these decisions are practically m

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