Rohit AgrawalRohit agrawal asked 2 years ago
1 Answers
RaviRavi Staff answered 2 years ago

Pre Condition as name suggest is basic premise / assumption of audit and it should be ensured before every thing else . ( It included 2 things first management should make financial statements and give all info and 2 nd fed should be acceptable)
Then come preliminary engagement activity 
It include 3 things 
1. Whether to accept or continue assignment
2. Think about ethical problems that team would face 
3. Sign engagment letter 

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