An engagement letter should be written
before the start of an audit because
a. It specifies the client's responsibility for
preparing schedules and making the
records available to the auditor.
b. It may limit the auditor's legal liability by
specifying the auditor's responsibilities.
c. It specifies the basis for billing the audit
for the upcoming year.
d. All of the above
before the start of an audit because
a. It specifies the client's responsibility for
preparing schedules and making the
records available to the auditor.
b. It may limit the auditor's legal liability by
specifying the auditor's responsibilities.
c. It specifies the basis for billing the audit
for the upcoming year.
d. All of the above