أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Auditors should only accept a new audit engagement, or continue an existing audit engagement if the 'preconditions for an audit' required by ISA 210 Agreeing the terms of audit engagements are present.
ISA 210 requires the auditor to:
Determine whether the financial reporting framework to be applied in the preparation of the financial statements is appropriate; and
Obtain the agreement of management that it acknowledges and understands its responsibilities.
If the preconditions for an audit are not present, the auditor should discuss the matter with management, and should not accept the engagement unless required to do so by law or regulation.
Because its contains terms and conditions about engagement. For example audit fee management and auditor responsibility etc.
