JICPA issues Law and Regulation Committee Research Report No. 6 "An engagement letter for audits and reviews"
April 21, 2008
The Financial Instruments and Exchange Act requires public companies to report on their internal control of financial reporting and to submit quarterly financial reports for fiscal years starting on and after April 1, 2008. To address these new requirements, the Law and Regulation Committee issued Research Report No. 6 “An engagement letter for audits and reviews”. This report is intended to summarize matters that require special consideration when preparing agreements of audit or review engagements, and provides illustrative examples of agreements based on such considerations.