Parker is the in-charge auditor for the upcoming annual audit of fgh company, a continuing audit client. Parker will supervise two assistants on the engagement and will visit the client before the fieldwork begins. Parker has completed the engagement letter and established an understanding with the Chief Internal Auditor on the assistance to be provided by the internal audit function.

Required:

List the preliminary engagement and planning activities that Parker needs to complete.

(AICPA adapted)

Textbooks:

Messier, W. F., Glover, S. M., & Prawitt, D. F. (2012). Auditing & assurance services: A systematic approach (8th ed.). New York: McGraw-Hill/Irwin. ISBN: 978-0-07-802543-3

Thibodeau, J. C. & Freier, D. (2011). Auditing and accounting cases: Investigating issues of fraud and professional ethics (3rd ed.). New York: McGraw-Hill/Irwin. ISBN: 978-0-07-811081-8