Hardy \& Hale have recently decided to get together to form their own firm in which they will be performing financial statemert audits. They are in the process of developing qualify control policies and procedures and want to make certain that they are complying with applicable standards. They realize that first they should have an understanding of the firm's objectives in an initial audit engagetrient. Using the table below, enter the exact section and paragraph with heipfut information for this scenario: (Correctly formatted Au.C paragraphs are 1,2, or 3 digits, preceded in some cases by an upper case letter.) AUic An auditor has reached a preliminary understanding regarding an engagement to audit a publicly-held entity. The ouditor wiants to make certain that the understanding with the entity's audit committee includes all of those components required. Using the table below, enter the exact section and paragraph with helpful information for this scenario. (Correctly formatted PCAO paragraphs are 1, 2, or 3 digits. All AS references are to the paragraphs in the respective Auditing Standard appendices.)