 
			 
              
                
                CA. Final
                
                   455 Points
                   Joined October 2007
                
               
			  
			  
             
            
             not at all. The outgoing Auditor Can't be expected to conceal such information. it is evident from the legal requirement that ,
The Incoming  auditor is required (Under Schedule 1, Part !, Clause 8) of the CA Regulation Act to ask the outgoing auditor of Any Reasons why not to take up the audit. It is therefore the duty of the outgoing auditor to inform the new auditor about any significant area of concern.
This position is also specifically excluded from the auditor's duty of confidentiallity as imposed by AAS 1