Why would a prior audit firm want to reissue their report if it’s not required? Seems like a lot of unnecessary steps that the prior auditor isn’t getting comped for..?

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For their reputation maybe? If they know they messed up the previous one materially, they should reissue

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Auditor guidance if there is something materially wrong

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I do peer reviews, it’s not uncommon for me to recommend to firms to reissue a materially nonconforming engagement. If they don’t, it’s a tone at the top issue.

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Thank you for your answers!

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