When to Withdraw From the Engagement

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This is a last resort

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

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