Syllabus B1

a) Discuss the requirements of professional ethics and ISAs in relation to the acceptance / continuance of audit engagements.
 
b) Explain the preconditions for an audit.

c) Explain the process by which an auditor obtains an audit engagement. 

d) Discuss the importance of engagement letters and their contents. 

e) Explain the quality control procedures that should be in place over engagement performance, monitoring quality and compliance with ethical requirements.