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Six of the items to be included in the engagement letter are as follows.
1. Identification of client.
2. Description of the engagement & limitations.
3. Timing of the work & staffing of the engagement.
4. Description & responsibilities of clients.
5. Fees & payments.
6. Withdrawal or termination of engagement.
Auditor should include the following in an engagement letter:
*Timing of the work
* Management 's responsibilities, also description
*Fees and payment
* Termination of engagement
* Identification of the client