Auditors will generally send a standard inquiry to the client's attorney letter to ___.

a. every attorney whose legal fees for the year exceed a materiality threshold.

b. only those attorneys who have devoted substantial time to client matters during the year.

c. every attorney that the client has been involved within the current or preceding year, plus any attorney the client engages on occasion.

d. only the attorney who represents the client in proceeding where the client is the defendant.

Question

Social Studies

Shelly

23 July, 20:54

Auditors will generally send a standard inquiry to the client's attorney letter to ___.

a. every attorney whose legal fees for the year exceed a materiality threshold.

b. only those attorneys who have devoted substantial time to client matters during the year.

c. every attorney that the client has been involved within the current or preceding year, plus any attorney the client engages on occasion.

d. only the attorney who represents the client in proceeding where the client is the defendant.

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Answers (1)

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Ryker Walton · Answer 1

c. every attorney that the client has been involved within the current or preceding year, plus any attorney the client engages on occasion.

Explanation:

The objective of the legal audit is to review and verify all documents related to the activity of the company that has a legal impact. The auditor formally evaluates all accounting and is responsible for preparing a review and supervision balance. If there is any irregularity, it will inform the interested agents so that they can assess the extent of the deviations and their possible consequences