Careers
Subscribe[The following paragraph was effective with respect to acceptance of an engagement after March 31, 1998. It was amended as a result of the adoption of Auditing Standard No. 5, effective for audits of fiscal years ending on or after November 15, 2007. See PCAOB Release 2007-005A.
Return to the current version.]
Return to the current version.]
AU 315.16
The successor auditor should plan and perform the reaudit in accordance with generally accepted auditing standards. The successor auditor should not assume responsibility for the predecessor auditor's work or issue a report that reflects divided responsibility as described in section 543, Part of Audit Performed by Other Independent Auditors. Furthermore, the predecessor auditor is not a specialist as defined in section 336, Using the Work of a Specialist, or an internal auditor as defined in section 322, The Auditor's Consideration of the Internal Audit Function in an Audit of Financial Statements.