Agreeing the terms of audit engagements in an ISA audit
ISA 210 sets out the requirements for agreeing audit engagement terms. It has been written to be applicable in any jurisdiction and take nothing for granted as to how national laws address financial reporting and auditing requirements. In some jurisdictions the requirements and analysis in ISA 210 will already be reflected to a considerable degree in national law and practice. This guide looks at the requirements and highlights potential implementation challenges for auditors.