Audit Planning

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    Section A) 1 Page
    Section B) 2pages or 2.5 preferably (Please follow these for section b) Engagement letter (CAS 210)
    Prepared by an auditor, acknowledged by the client (need to update each year)
    Explains the scope of the audit
    Summarizes the responsibilities of both management and the auditor
    Identifies the applicable financial reporting framework
    References the expected form/content of audit report)

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