An engagement letter sent to a publicly held audit client usually would not include a(n)
A) reference to the auditor's responsibility for the detection of errors or irregularities.
B) estimation of the time to be spent on the audit work by audit staff and management.
C) statement that management advisory services would be made available upon request.
D) reference to management's responsibility for the financial statements.

Question

Quizplus · Accepted Answer

Engagement letters for publicly held audit clients typically do not offer management advisory services. A), B), and D) are usually included in engagement letters for publicly held audit clients.

An Engagement Letter Sent to a Publicly Held Audit Client