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rsteel rsteel
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A month ago
Which one of the following statements is false?

▸ Confidentiality is broken when an auditor is presented with a subpoena concerning an audit client.

▸ Information that a CPA obtains from a client is generally not privileged.

▸ When a CPA firm conducts an AICPA-authorized peer review of the quality controls of another CPA firm, permission of the client is not needed to examine audit documentation.

▸ A CPA firm which observes substandard audit documentation of another firm during a peer review can initiate a complaint to the AICPA.
Textbook 

Auditing and Assurance Services


Edition: 17th
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djl4909djl4909
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A month ago
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Confidentiality is broken when an auditor is presented with a subpoena concerning an audit client.

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