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What is an engagement letter

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Reference no: EM132670100

Question 1. Why is it necessary to perform preliminary engagement activities?

Question 2. Why are certain procedures performed before accepting or continuing an audit engagement? What are these procedures performed?

Question 3. Why is there a need to inquire the predecessor auditor in considering whether to accept or reject a new audit engagement?

Question 4. What is an engagement letter? Search for an example of an engagement letter and identify its primary contents.

Question 5. Why does a change in terms of an engagement occur? What procedures should an auditor perform whether to accept or not accept a change in engagement?

Reference no: EM132670100

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