IIA Exam CPEA Topic 1 Question 77 Discussion

Actual exam question for IIA's CPEA exam

Question #: 77
Topic #: 1

[All CPEA Questions]

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

AAdequacy of the preplanned audit program

BAbility to establish consistency in application of accounting principles between years

CApparent scope limitation

DIntegrity of management

Show Suggested Answer

Suggested Answer: A

by Jennifer at May 18, 2024, 04:01 PM

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Cassandra

6 months ago

Hmm, I'm not so sure. I think option B is the best choice. Consistency in accounting principles is key to a reliable audit. Gotta keep those books squeaky clean!

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Billye

6 months ago

Adequacy of the preplanned audit program is definitely something to look at as well. We need to make sure we have a solid plan in place.

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Val

6 months ago

I think the integrity of management is also important to consider before accepting a client for an audit engagement.

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Antonio

6 months ago

I agree, consistency in accounting principles is crucial for a reliable audit.

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Georgiana

6 months ago

C'mon, you guys. The answer is clearly C. Apparent scope limitation is what the auditor should consider. You can't just ignore red flags, you know.

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Aliza

6 months ago

I agree with Melvin. Integrity of management is crucial. You don't want to get tangled up with shady characters, am I right? *winks*

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Crista

5 months ago

Agreed, we need to make sure we can trust the management before taking on an audit engagement.

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Angella

5 months ago

Definitely, integrity is key. Can't risk getting involved with shady characters.

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Wynell

5 months ago

D) Integrity of management

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Tonette

5 months ago

C) Apparent scope limitation

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Slyvia

5 months ago

B) Ability to establish consistency in application of accounting principles between years

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Rosina

5 months ago

A) Adequacy of the preplanned audit program

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Geraldo

5 months ago

D) Integrity of management

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Galen

6 months ago

I agree with Melvin. Integrity of management is crucial. You don't want to get tangled up with shady characters, am I right? *winks*

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Thea

6 months ago

D) Integrity of management

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Oliva

6 months ago

C) Apparent scope limitation

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Trina

6 months ago

B) Ability to establish consistency in application of accounting principles between years

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Estrella

6 months ago

A) Adequacy of the preplanned audit program

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Nakita

6 months ago

C) Apparent scope limitation

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Jesusa

6 months ago

B) Ability to establish consistency in application of accounting principles between years

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Myong

6 months ago

A) Adequacy of the preplanned audit program

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Melvin

7 months ago

Option D is the way to go. Integrity of management is the key factor in assessing a client for an audit engagement. You can't have a successful audit without trustworthy leadership.

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Blondell

6 months ago

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Dominga

6 months ago

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