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IIA Exam CPEA Topic 1 Question 83 Discussion

Actual exam question for IIA's CPEA exam
Question #: 83
Topic #: 1
[All CPEA Questions]

In assessing whether to accept a client for an audit engagement, a, auditor should consider the:

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Suggested Answer: A

Contribute your Thoughts:

Barrett
2 months ago
I think all options are important, but we should prioritize the integrity of management.
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Cherri
2 months ago
I believe the ability to establish consistency in application of accounting principles between years is also important.
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Mattie
3 months ago
D all the way! Integrity of management is like the secret sauce of a successful audit. Without it, the whole thing might as well be a game of charades.
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Cathrine
1 months ago
Integrity is the foundation of trust in the audit process.
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Gaston
1 months ago
Definitely, integrity is key in ensuring the accuracy and reliability of the audit.
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Glory
1 months ago
I agree, without integrity in management, the audit could be compromised.
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Ivan
1 months ago
D) Integrity of management
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Cathrine
2 months ago
C) Apparent scope limitation
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Gerry
2 months ago
B) Ability to establish consistency in application of accounting principles between years
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Lorriane
2 months ago
A) Adequacy of the preplanned audit program
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Lisandra
3 months ago
I agree, but we should also consider the adequacy of the preplanned audit program.
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Skye
3 months ago
B is the answer, hands down. Consistency in accounting principles is the foundation for a reliable audit. If the client can't keep it together year after year, how can the auditor trust the numbers?
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Talia
2 months ago
True, but without consistency in accounting principles, the audit could be compromised regardless of management integrity.
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Maryln
2 months ago
Definitely, integrity is important too. It's crucial to trust the people running the show.
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Carmela
2 months ago
But what about the integrity of management? Shouldn't that also be a major factor in accepting a client?
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Adell
2 months ago
I agree, consistency is key when it comes to auditing.
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Serina
3 months ago
I think the integrity of management is crucial.
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Glenn
3 months ago
Yes, that's true. We need to have a solid plan in place for the audit.
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Cecilia
3 months ago
I'm going with C. Apparent scope limitation is a red flag that the auditor should definitely consider. Can't have a solid audit without access to all the necessary information.
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Hermila
3 months ago
Option D is the way to go! Integrity of management is crucial for a successful audit engagement. Anything less would be like driving a car with no steering wheel - not gonna end well.
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Elly
2 months ago
I agree, without integrity in management, the audit could be compromised.
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Dalene
2 months ago
D) Integrity of management
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Remedios
3 months ago
But we also need to look at the adequacy of the preplanned audit program.
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Ernestine
3 months ago
I agree, it's important to ensure that management is trustworthy.
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Antione
3 months ago
I think we should consider the integrity of management.
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