ACCA AAA ^UK Syllabus A. Regulatory Environment - When to Withdraw From the Engagement - Notes ^{4 / 4}

There are many factors to consider

1. Are management implicated?

2. Non-compliance affect on relationship with client

3. Legal responsibilities?

4. Any alternatives?

WHEN TO WITHDRAW

• Management refuses to remedy the situation

• Significant doubts about the competence or integrity of management

When withdrawing the auditor must

• Discuss the reasons for WITHDRAWING with the appropriate level of management

• Consider any professional or legal requirements to report his withdrawal