Juliet B a partner in Tickitt & Run, Registered Auditors, receives a telephone call from the managing director of Chateaubriand Ltd which runs a chain of restaurants and bars. They wish to appoint Tickitt & Run as auditors as they have a disagreement with the existing auditors. The audit would be due to commence in about two months’ time.

Questions:-

1. What should Juliet B consider before accepting the appointment?

2. What matters should be discussed at the meeting?

3. In the light of the first question draft an Engagement Letter.

4. What might be the consequences of omissions from the letter?