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Discuss Several Reasons Why an Auditor May Not Wish to Continue

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Essay

Discuss several reasons why an auditor may not wish to continue a relationship with an existing audit client.


Definitions:

Interest Rate

The cost of borrowing money or the return gained from lending money, typically expressed as a percentage of the principal amount per year.

Gross Domestic Product

The aggregate economic or market value of all products and services that have been completed inside a country's boundaries during a specific timeframe.

Interest Rate

The amount charged, expressed as a percentage, by a lender to a borrower for the use of assets over a specific period of time.

Investment

The allocation of resources, usually financial, in expectation of generating an income or profit in the future.

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