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Why does a change in terms of an engagement occur

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Reference no: EM132681956

Question - Scenario: Mendes is the in-charge auditor for the upcoming annual audit of XYZ Company, a continuing audit client. Mendes will supervise two assistants on the engagement and will visit the entity before the fieldwork begins. Mendes has completed the engagement letter and established an understanding with the Chief Internal Auditor on the assistance to be provided by the internal audit function.

List the preliminary engagement and planning activities that Mendes needs to complete.

What is an engagement letter? Give an example of an engagement letter and identify its primary contents.

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: EM132681956

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