EP AUDITING+ASSURANCE...-MYACCT.LAB
EP AUDITING+ASSURANCE...-MYACCT.LAB
16th Edition
ISBN: 9780134148656
Author: ARENS
Publisher: PEARSON CO
Question
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Chapter 8, Problem 25.2MCQ
To determine

Identify the correct option that would be least included in the auditor’s engagement letter.

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The use of an audit engagement letter is the best method of assuring the auditor will have which of the following?Select one: a. Cooperation from other auditors b. Auditor will obtain sufficient appropriate audit evidence. c. Access to all books, accounts and vouchers required for audit purpose d. Management representation letter
Which of the following is least likely to be included in the auditor’s engagement letter?(1) Details about the preliminary audit strategy.(2) Overview of the objectives of the engagement.(3) Statement that management is responsible for the financial statements.(4) Description of the level of assurance obtained when conducting the audit.
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