What should an engagement letter include, according to ASA 210?
A) the responsibilities of the auditor and management
B) the engagement's objectives
C) the engagement's limitations
D) all of the above

Question

Quizplus · Accepted Answer

According to ASA 210, an engagement letter should include all of the above - the responsibilities of the auditor and management, the engagement's objectives, and the engagement's limitations. This ensures that both parties have a clear understanding of their roles, the scope of the engagement, and any constraints or limitations that may affect the audit process.

What Should an Engagement Letter Include, According to ASA 210