Nuffnang

Sunday, November 18, 2007

Contents of an engagement letter

1.Scope and objective of the audit financial statement
2.Acceptance of audit engagement
3.Fees calculation and billing arrangement
4.Extend of auditors & management responsibilities for the F/S
5.Management representation by the director for an additional audit evidence
6.Access to all relevant data and records by auditor
7.Standard accounting compliances & appropriate legislation applied

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