Week 2 - Once Appointed Flashcards
(3 cards)
1
Q
What is the first thing an auditor should do once appointed?
A
Write and submit a formal letter of engagement to that client
2
Q
What does the letter of engagement contain?
A
The responsibilities and roles
3
Q
What is the second thing an auditor should do once appointed?
A
Obtain all clients books and papers from outlying auditors plus any other information they may be able to supply
