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Appointment and engagement terms

Access practical resources on client acceptance, auditor appointment and agreeing engagement terms to help understand auditors’ responsibilities and the requirements of International Standards on Auditing (ISAs), in particular, ISA 210. These resources include practical support to help auditors deal with the challenges that may arise.

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Auditors should also consider ICAEW’s wider ethical and independence resources.

Helpsheets and support

Driving more informative auditor resignation statements
  • Helpsheets and support
  • Apr 2022
  • Audit and Assurance Faculty
Are auditors providing meaningful information in their resignation statements, and if not, why not? This article looks at the requirements and what stakeholders have been saying.
Exclusive Auditing micro-entities
  • Helpsheets and support
  • Aug 2018
  • Technical Advisory Services
Technical helpsheet to help ICAEW members when considering whether to accept engagement as auditor to a company preparing its accounts under the micro-entity regime.
Exclusive The importance of achieving audit objectives
  • Helpsheets and support
  • Oct 2017
  • International Accounting and Auditing
ISA 200 highlights the importance of objectives in auditing standards. Understanding ISA 200 is fundamental to understanding the challenge of implementing ISAs. This guide seeks to help auditors understand the overall objectives of the auditor and how they relate to the individual objectives and requirements in ISAs, and the role of professional judgement and scepticism.
Exclusive Agreeing the terms of audit engagements
  • Helpsheets and support
  • Oct 2017
  • International Accounting and Auditing, IFAC
ISA 210 sets out the requirements for agreeing audit engagement terms. This guide looks at the requirements and highlights potential implementation challenges for auditors.
Exclusive Rotation of audit partners and staff
  • Helpsheets and support
  • Feb 2017
  • Ethics Advisory Service
Helpsheet giving guidance to ICAEW members to identify the requirements for rotation of audit partners and staff involved in audits within scope of the FRC Ethical Standard.
Engagement letters and privacy notices
  • Helpsheets and support
  • Jul 2016
  • Technical Advisory Services
ICAEW has developed guidance for practice firms on what to include in engagement letters. This page provides a series of sample wordings to help you draft your own engagement letters.

Bloomsbury Accounting and Tax Service

Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising around 80 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Accounting and Tax Service.

Exclusive Client acceptance
  • eBook chapter
  • 2024
  • Steve Collings
A chapter examining audit client acceptance, covering onboarding procedures, key considerations for new and recurring engagements, and compliance with anti-money laundering requirements. Its appendices contain pro forma documents, including an illustrative engagement letter.
Exclusive Responsibilities and audit planning
  • eBook chapter
  • 2025
  • Steve Collings
  • Practical Guide to UK Accounting and Auditing Standards
A chapter covering responsibilities in an external audit, professional scepticism, audit planning, understanding the entity and its environment, preliminary analytical procedures and quality management. Includes a section on the requirements imposed by ISA (UK) 210.
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eBooks

The Library & Information Service provides a collection of eBooks as a benefit of membership. Please log in to access these titles. If you are unable to access an eBook, please see our Help and support or contact library@icaew.com.

Exclusive Client acceptance
  • eBook chapter
  • 2024
  • Steve Collings
A chapter examining audit client acceptance, covering onboarding procedures, key considerations for new and recurring engagements, and compliance with anti-money laundering requirements. Its appendices contain pro forma documents, including an illustrative engagement letter.
Exclusive Disclaimers and exclusions of liability
  • eBook chapter
  • 2021
  • Simon Salzedo, Tony Singla
  • Accountants Negligence and Liability
A chapter on the ways in which accountants may manage the extent of any potential liability that they might incur to their clients or to third parties. It covers the use of disclaimers in reports, the production of ‘hold harmless’ letters, the incorporation of exclusion or limitation clauses in engagement letters, and more.
Terms of use

You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.

Information

Some of the content on this web page was provided by the Chartered Accountants’ Trust for Education and Research, a registered charity, which owns the library and operates it for ICAEW.