问题详情

ISA210AgreeingtheTermsofAuditEngagementsrequiresauditorstoagreethetermsofanengagementwiththosechargedwithgovernanceandformalisetheseinanengagementletter.
Required:
(a)IdentifyandexplainTWOfactorswhichwouldindicatethatanengagementletterforanexistingauditclientshouldberevised.(2marks)
(b)ListSIXmatterswhichshouldbeincludedwithinanauditengagementletter.(3marks)
(c)Yourauditfirmhasjustwonanewauditclient,MilkyWayTechnologiesCo(MilkyWay),andyouhavebeenaskedbytheauditengagementpartnertogainanunderstandingaboutthenewclientaspartoftheplanningprocess.
Required:
IdentifyFIVEsourcesofinformationrelevanttogaininganunderstandingofMilkyWayTechnologiesCoanddescribehowthisinformationwillbeusedbytheauditor.(5marks)


请帮忙给出正确答案和分析，谢谢！