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Q:

What is the purpose of an engagement letter? List the important information that he engagement letter should contain

belongs to book: AUDITING & ASSURANCE SERVICES | A Systematic Approach|William F.Messier, Steven M.Glover, Douglas F. Prawitt|10th Edition| Chapter number:3| Question number:3.3

Ibrahimhamm
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2022-06-28
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What is the purpose of an engagement letter? List the important information that the engagement letter should contain?

Accounting, textbook solutions, Accounting textbook-solutions,
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Ibrahimhamm
2022-06-28
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Reduces risk of misinterpretation of other parties responsibilities. Establish what is expected of the other party within the realms of objective of engagement, management's responsibilities, auditor's responsibilities, and the limitations of the engagement.

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What is the purpose of an engagement letter? List the important information that he engagement letter should contain | Accounting Accounting question

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