An engagement letter is prepared by an auditor and acknowledged by a client _______.
A)before the audit begins
B)after the audit is completed
C)before the client's year-end
D)after the interim report is issued

Question

Quizplus · Accepted Answer

An engagement letter is prepared by an auditor before the audit begins to acknowledge the terms of the engagement and establish the auditor's and client's responsibilities.

An Engagement Letter Is Prepared by an Auditor and Acknowledged