Which of the following topics is not normally included in an engagement letter?
A) The auditors' preliminary assessment of internal control.
B) The auditors' estimate of the fee for the engagement.
C) Limitations on the scope of the engagement.
D) A description of responsibility for the detection of fraud.

Question

Quizplus · Accepted Answer

While the auditors' assessment of internal control may play a role in determining the scope of the engagement, it is not usually explicitly mentioned in the engagement letter. The engagement letter typically covers the scope of work, limitations of the engagement, responsibilities of the parties involved, and the fee arrangements. The auditors' estimate of the fee and a description of responsibility for the detection of fraud are both typically included.

Which of the Following Topics Is Not Normally Included in an Engagement