Special purpose engagement letter
This query is : Open
09 December 2016
What is the format for an engagement letter for issue of special purpose certificates (certificates in relation to an initial public offer) by the auditor?
12 December 2016
For the various audit engagement letters, you can kindly refer to SA 210 - Agreeing the terms of audit engagements. The auditing standard has different audit engagement letters.
12 December 2016
Madam, however the standard specifies general purpose engagements. the engagement for issue of certificates does not involve any audit.
12 December 2016
As a general practice, the certification is given to the auditor of the company. Thus, in the paragraph of scope of work, certification service is also included.
12 December 2016
Madam, what about the guidance note on reports and certificates for special purpose? can that GN be applied in this situation?
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