Professional Documents
Culture Documents
ASSIGNMENT NO.2
Being the first year of audit for our firm, arrangements concerning the involvement of
Use of auditor’s expert may be required as RRL has changed its accounting policy from
– It should be included in the engagement letter that management would make available
the draft financial statements along with all relevant information in time to allow for the
completion of audit in accordance with the proposed time table.
– We need to communicate the planning and performance of the audit, including the
composition of the audit team.
– We may also consider using RRL’s internal audit department and this fact may have to
be communicated through the engagement letter.