Difining the terms of engagement: "limitations on distribution of the report of factual findings.if such limitations would be in conflict with the legal requirements, the auditor would not accept the engagement"..sir explain .. thank you…

1 answer

Ravi Staff September 7, 2018

In Agreed Upon Procedures — If Management has put restriction not to circulate report on AUP, it is fine. But if some law said it should be circulated with others. Now management and law are in contradiction, in such case dont accept such assignment.


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