Procedures regarding Client continuance as per SA-220

The Auditor should obtain information considered necessary in the circumstance before accepting an engagement with a new client, when deciding whether to continue an existing engagement and when considering acceptance of a new engagement with an existing client. The following information would assist the auditor in accepting and continuing of relationship with the client: (i) The integrity of the principal owners, key management and those charged with governance of the entity; (ii) Whether the engagement team is competent to perform the audit engagement and has the necessary capabilities, including time and resources; (iii) Whether the firm and engagement team can comply with relevant ethical requirements ; and (iv) Significant matters that have arisen during the current or previous audit engagement, and their implications for continuing the relationship.

Thank you so much ma'am for helping me😊