Section Acceptance of a Change in the Terms of t - ASA 210 - Agreeing the Terms of Audit Engagements - October 2009 - Acceptance of a Change in the Terms of the Audit Engagement

Acceptance of a Change in the Terms of tAcceptance of a Change in the Terms of the Audit Engagement

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The auditor shall not agree to a change in the terms of the audit engagement where there is no reasonable justification for doing so. (Ref: Para. A31-A33)
If, prior to completing the audit engagement, the auditor is requested to change the audit engagement to an engagement that conveys a lower level of assurance, the auditor shall determine whether there is reasonable justification for doing so. (Ref: Para. A34-A35)
If the terms of the audit engagement are changed, the auditor and management shall agree on and record the new terms of the engagement in an engagement letter or other suitable form of written agreement.
If the auditor is unable to agree to a change of the terms of the audit engagement and is not permitted by management to continue the original audit engagement, the auditor shall:
1. Withdraw from the audit engagement where possible under applicable law or regulation; and
2. Determine whether there is any obligation, either contractual or otherwise, to report the circumstances to other parties, such as those charged with governance, owners or regulators.