Tag (SQ): Financial Reporting Framework

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AA – L2 – Q6 – Audit Engagement

Explain objectives of agreeing audit terms per ISA 210 and list main components of an engagement letter.

Engagement letters

Required

(a) Explain the objectives of the auditor in agreeing the terms of an audit engagement for Zenith Enterprises.

(b) Set out the main components of an engagement letter for Zenith Enterprises.

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