Engagement Acceptance & Understanding the Assignment Flashcards
1
Q
Define the nature of an engagement.
A
a
2
Q
Define the scope of an engagement.
A
a
3
Q
What are policies and procedures pertaining to client acceptance and continuance?
A
a
4
Q
What are policies for communication with a predecessor auditor?
A
a
5
Q
What does an engagement letter consist of?
A
Understanding the client and documentation of that understanding. Can also use another form of written communication.
6
Q
What are other planning matters?
A
Work with other independent auditors, extent and involvement of professionals possessing specialized skills, independence, objectivity, and competency of the internal audit function.
7
Q
What are matters related to planning and preparing documentation for communication with those charged with governance?
A
a
