What is the main reason for sending an engagement letter before the initial contact with the auditee?

The correct answer is B. To provide initial audit details and schedule the initial contact. The engagement letter serves to inform the auditee about the audit details, including: Expectations from both parties It formally introduces the audit process and schedules the initial contact.

Audit Initiation

Question

Options

ATo confirm the authority to conduct the audit
BTo provide initial audit details and schedule the initial contact
CTo establish the audit objectives

How the community answered

(29 responses)

A
3% (1)
B
90% (26)
C
7% (2)

Explanation

The engagement letter serves to inform the auditee about the audit details, including: Expectations from both parties It formally introduces the audit process and schedules the initial contact.

Topics

#engagement letter#audit initiation#initial contact#audit communication

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