What best represents questions the new auditor may have, Accounting Basics

What best represents questions the new auditor may have

Problem: Johnson and Co. CP4s is considering accepting 2 new audit client, DeBole Inc., a national distributor of whiskey and other spirituous products. The CPA firm is interested in contacting the predecessor audit before accepting the new client. Which of the following best represents questions the new auditor may have?

The prior auditors understanding of the reasons why management has decided to switch to a different auditor.
How much prior audit fees were charged to the client, and how many billable hours were allotted to each area of the audit?
Significant communications between the prior auditor and management pertaining to those charged with governance.
Any conflicts of interest between the major shareholders and bondholders of the client.

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Accounting Basics: What best represents questions the new auditor may have

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Accounting Basics: What best represents questions the new auditor may have

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