Question

Prior to the audit, an auditor usually discusses the overall audit strategy with the client's management. Which of the following matters do the auditor and management agree upon at this time? The appropriateness of the entity's plans for dealing with adverse economic conditions The coordination of the assistance of the client's personnel in data preparation The determination of the fraud risk factors that exist within the client's operations. The control weaknesses to be included in the communication with those charged with governance.

Answer 1

b.The coordination of the assistance of the client's personnel in data preparation.

(option b can be selected).

Option A, C, D will not be in the scope of pre engagement discussion of the auditor with the client.

Apart from option B the following points will be discussed :

Estimating the staff requirements.

Use of expert services in the audit.

Establishing materiality of misstatement etc.