We are XYZ Company.We are appointed to perform financial report audit on ABC Company. This is our first time to audit this company.
XYZ companyThe quality services we provide help build trust and confidence in economies.
ABC Corporation operates warehouses that offering low prices on private-label products in a wide range of categories, such as meat, wine, clothes and organic foods, etc, will produce high sales volumes and rapid inventory turnover. Moreover, ABC purchases most of their merchandise directly from manufacturers and route it to their warehouses.
Due to COVID-19, it is hard to face to face communicate with our client sitting in office, so we use Zoom to contact and meet each other.
Tony : Hey Sam, this is Tony, how are you today? Sam : I am good, how are you?Tony : Perfect, it’s the first time for me to hold regular meetings before deals since the frustrating COVID-19, keep safe, Sam.
Tony, audit team leader
Sam,CEO of ABC company
Sam (CEO): thanks, you too. Before performing audit process, may I make an request? Honestlly, I have a nephew, his name is Jason and he is an intern in XYZ company. Can you arrange him to participate in this audit project? I think he will gain a lot of experience while working with us certainly. He is smart, hardworking….Tony (Auditor): Sorry Sam, I can’t do that. He is inadequate so he can’t be a member of this project. As a professional audit team, we need to make sure that each auditor has the knowledge and competence required to complete this audit timely. It will pose a threat to our independence as well. Sam (CEO): Oh, I am so sorry about that, I should think it over before I speak. Please forget my request.
Tony (Auditor): Yes, we just want to ensure the quality of our service. What's more, we require further information about ABC company used in evaluation from your lawyer and prior auditor within your authorization.Sam (CEO): Yes, of course. Go ahead. I will email you their email address and phone numbers later.Tony (Auditor): Sure. Oh, I have a meeting starting in 10 minutes. See you later.Sam (CEO): Ok, bye.