Explain the purpose of an engagement letter, Auditing

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Explain the purpose of an engagement letter

Response to the following questions:

1. What is the purpose of an engagement letter? List the important information that the engagement letter should contain.

2. What factors should an external auditor use to assess the objectivity and competence of internal auditors?

If possible, please give examples to better understand your answers.

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Auditing: Explain the purpose of an engagement letter

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Auditing: Explain the purpose of an engagement letter

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