Are you looking for an External Audit Engagement Letter Sample? In this article, we provide examples of such letters that you can use as a template for your own needs. Feel free to modify these samples to suit your specific situation.
The Purpose of External Audit Engagement Letter Sample
External Audit Engagement Letter Samples are essential for establishing the terms and conditions of the engagement between the auditor and the client. These letters set the expectations, responsibilities, and scope of the audit, ensuring that both parties are on the same page.
- Clarifies the objectives of the audit
- Outlines the responsibilities of both the auditor and the client
- Defines the scope of the audit
- Establishes the timeline and deadlines for the audit
Example of External Audit Engagement Letter Sample
Dear [Recipient’s Name],
We are pleased to confirm our appointment as auditors for [Company Name]. This letter confirms the understanding of the terms and objectives of our engagement.
As auditors, our responsibilities include conducting an audit of the financial statements of [Company Name] for the year ended [Year]. The audit will be conducted in accordance with generally accepted auditing standards.
The scope of our audit will cover the examination of the financial statements and related disclosures. We will also perform tests of the internal controls and assess the risk of material misstatement.
The audit is expected to be completed by [Timeline], and we request your full cooperation in providing all necessary information and access to relevant documents.
Should you have any questions or concerns regarding our engagement, please do not hesitate to contact us. We look forward to working with you to ensure a successful audit process.
Sincerely,
[Your Name]
[Your Title]