Which of the following matters does an auditor usually include in the engagement letter?

Question

Quizplus · Accepted Answer

An engagement letter usually includes arrangements regarding fees and billing, as this is an important matter that needs to be discussed between the auditor and the client. Analytical procedures, indications of negative cash flows from operating activities, and identification of working capital deficiencies may be included in the audit plan, but they are not typically featured in the engagement letter.

Which of the Following Matters Does an Auditor Usually Include