Stephen Hu, CPA, from Taipei, Taiwan, has just accepted a new client, Kiwan You, The...
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Stephen Hu CPA, from Taipei, Taiwan, has just accepted a new client, Kiwan You, The company will be audited under the ISA and IAS standards. The client will be given an audit opinion and a management letter. The fees are based on hourly fees, the audit will take hours, and will involve one senior per hour two staff auditors per hour and a partner per hour The payments will be percent at the beginning of the audit with the balance at the end of the audit.Required:Based on the above information, write an engagement letter to Kiwan Xou from Steven Hu
Stephen Hu CPA, from Taipei, Taiwan, has just accepted a new client, Kiwan You, The company will be audited under the ISA and IAS standards. The client will be given an audit opinion and a management letter. The fees are based on hourly fees, the audit will take hours, and will involve one senior per hour two staff auditors per hour and a partner per hour The payments will be percent at the beginning of the audit with the balance at the end of the audit.Required:Based on the above information, write an engagement letter to Kiwan Xou from Steven Hu
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