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ASA 300 - Planning an Audit of a Financial Report - October 2009
Preliminary Engagement ActivitiesPreliminary Engagement Activities
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Preliminary Engagement Activities
- The auditor shall undertake the following activities at the beginning of the current audit engagement:
- Performing procedures required by ASA 220 regarding the acceptance and continuance of the client relationship and audit engagement;[1]
- Evaluating compliance with relevant ethical requirements, including those related to independence, in accordance with ASA 220;[2] and
- Establishing an understanding of the terms of the engagement, as required by ASA 210.[3] (Ref: Para. A6‑A8)