Auditing arrangements and procedures should be specified in the management letter sent to the client by the auditors.

Question

Quizplus · Accepted Answer

The management letter, also known as the letter of recommendations, is typically used by auditors to communicate findings and recommendations for improvement to the client's management, not to specify auditing arrangements and procedures, which are usually outlined in the engagement letter or audit plan.

Auditing Arrangements and Procedures Should Be Specified in the Management