SAS No. 147, Inquiries of the Predecessor Auditor Regarding Fraud and Noncompliance With Laws and Regulations, clarifies
Requirements and guidance related to the auditor’s inquiries of a predecessor auditor about matters that will assist the auditor in determining whether to accept the engagement.
In doing so, SAS No. 147 narrowly revises AU-C section 210, Terms of Engagement, to require an auditor, once management authorizes the predecessor auditor to respond to inquiries from the auditor, to inquire of the