Audit Engagements Purpose of Audit is to provide users of financial with an opinion on whether the financial statements are presented fairly, in all material respects in accordance with the applicable financial reporting framework Objective of Audit  is to (1) Obtain reasonable assurance  (2) Express an Opinion  (3) Report findings as required by GAAS (4) Be Independent and comply with relevant ethical rules Auditor to (1) Exercise professional judgement (2) With Professional Skepticism (3) Recognize that circumstances may […]