ACC 491 Week 2 DQ 1

May 1st, 2015
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ACC 491 Week 2 DQ 1

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What is the purpose of engagement planning? What critical information should the auditor consider during engagement planning? How will this information affect the scope of the audit?The purpose of engagement planning is to ensure that both the auditor possesses the knowhow and capabilities needed to address the clients needs, and that the client is of integrity and has not imposed any restrictions that may cause the auditor to issue an unqualified opinion. During the engagement planning process the auditor should assess several areas of the companys operations and prior activities.

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