SA 210 -Agreeing to the terms of audit engagement

SA 210 – Agreeing to the terms of audit engagement Engagement letter is a letter written by the auditor setting out the terms of the engagement and it’s to be signed by the client. Auditor should not change the engagement letter unless there is a reasonable justification in doing so. If it is not justifiable, […]

Standards on Auditing -200 – Overall objectives of an auditor and the conduct of an audit in accordance with the standards of audit

Overall objectives of an auditor To obtain reasonable assurance as to the financial statements are free from material misstatements due to fraud or error. To express an opinion on FS To report whether FS are prepared as per the FRF. To enhance the confidence of users of FS. Ethical Requirements of an auditor  Documentation Integrity […]