Audit Confirmation Letter Sample
This letter confirms the details of the audit that will be conducted on your company.
[Your Company Name]
[Your Company Address]
[Your Company Phone Number]
[Your Company Email Address]
[Date]
[Client Name]
[Client Address]
Subject: Confirmation of Audit Engagement
Dear [Client Name],
This letter confirms our engagement to perform an audit of your financial statements for the year ended [Date]. The audit will be conducted in accordance with [Name of Auditing Standards].
Scope of Audit:
The audit will include an examination of your financial records and other relevant documentation. We will also perform procedures to evaluate the reasonableness of your financial statement assertions.
Audit Objectives:
The objectives of our audit are to:
- Obtain reasonable assurance about whether the financial statements are free from material misstatement, whether due to fraud or error.
- Express an opinion on the fairness of the presentation of the financial statements in accordance with [Name of Accounting Standards].
Audit Procedures:
We will perform the following procedures during the audit:
- Risk assessment procedures: To identify and assess the risks of material misstatement.
- Internal control procedures: To evaluate the effectiveness of your internal controls.
- Substantive procedures: To obtain sufficient appropriate audit evidence regarding the amounts and disclosures in the financial statements.
Responsibilities:
Our Responsibilities:
We are responsible for conducting the audit in accordance with the auditing standards. We are also responsible for expressing an opinion on the fairness of the financial statements.
Your Responsibilities:
You are responsible for preparing and presenting the financial statements. You are also responsible for ensuring that the financial statements are free from material misstatement, whether due to fraud or error.
Timing:
The audit is expected to be completed by [Date]. We will provide you with a draft of the audit report for your review before the final report is issued.
Fees:
Our fees for the audit are [Amount]. We will invoice you for these fees upon completion of the audit.
Communication:
We will keep you informed of the progress of the audit. We will also provide you with timely communication of any significant findings or issues identified during the audit.
Conclusion:
We are pleased to be engaged to perform the audit of your financial statements. We are confident that we can provide you with the highest quality audit services.
Sincerely,
[Your Name]
[Your Title]
