A written understanding detailing what the auditors will do in determining if the financial statements are fair representations of the company's financial statements and what the auditor expects from the client in performing an audit will normally be expressed in the:
A)management letter requested by the auditor.
B)engagement letter.
C)Audit Plan.
D)Audit Strategy for the client.

Question

Quizplus · Accepted Answer

The written understanding detailing the scope of the audit and the responsibilities of both the auditor and the client is expressed in the engagement letter. The management letter, audit plan, and audit strategy may also be used in the audit process, but they do not specifically address the understanding between the auditor and client.

A Written Understanding Detailing What the Auditors Will Do in Determining