An Audit Engagement Letter is a document that arranges the relationship between an auditor and a client. The purpose of the document is to establish an agreement between the involved parties, which will define the circumstances of how the services will be provided by the auditor to the client.
The letter can contain the different scopes of services that the auditor provides, which are dedicated to different purposes such as payroll audit, compliance audit, operational audit, etc. For example, the subject of a tax Audit Engagement Letter can be services dedicated to checking financial statements, balance sheets, and profit and loss accounts for income-tax purposes.
An Audit Engagement Letter template can be found through the link below.
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