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The 1136 Tenants v. Max Rothenberg and Company case (Chapter 5) established the need for an Engagement Letter at the start of an audit. Discuss

The 1136 Tenants v. Max Rothenberg and Company case (Chapter 5) established the need for an Engagement Letter at the start of an audit. Discuss at least six of the matters that should be specified in an engagement letter. Explain why this upfront Engagement Letter is so important. (Points : 30)

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