Discuss the Audit Risks associated with accepting and undertaking this new Audit Engagement.
Description PART A – ASSESSING AND ACCEPTING AN AUDIT ENGAGEMENT You are an Audit Senior at the KGMP, and part of the engagement team to audit a new client, Honest Constructions Ltd (Honest) for the year ending 30 April 2021. The engagement Partner had a pre-audit meeting with the Finance Director of Honest to obtain […]