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As professional auditors you need to possess an understanding of the PCAOB auditing standards and the knowledge to help you deliver solutions to your clients.

As professional auditors you need to possess an understanding of the PCAOB auditing standards and the knowledge to help you deliver solutions to your clients. We will utilize auditing cases that requires you to access the authoritative literature of the PCAOB Auditing and Interim Standards to address the issue presented in the case. Other excellent sources of longer and more detailed cases include the Deloitte Trueblood cases (www.deloitte.com), as well as the AICPA cases (www.aicpa.org). Lets start.Case 1: Communication with predecessor auditors Case 1: In year 1, Joe Josephs, CPA, reviewed Lander Companys financial statements. However, in year 2, the Lander Company hired Tom Holstrum, CPA, to audit its financial statements. Should Tom meet with Joe, and would Joe be considered as a predecessor auditor? Case 1 Solution: Problem Identification: Is a CPA who reviewed prior period financial statements considered as a predecessor auditor? Keywords: Review, predecessor auditor. Conclusion: Use the appropriate SAS No. and AU Section to provide your conclusion for Case 1.

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