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We will be looking at a mining firm. 1.What is the first step you will take in order to agree to being nominated by the

We will be looking at a mining firm.

1.What is the first step you will take in order to agree to being nominated by the audit committee?

2. What information will you seek and evaluate?

3. What is the second step that you will take in order to assess the appropriateness of the engagement.

4. What Auditing Standards and Pronouncements apply in the appointment and engagement of an audit client and how do they apply to this company.

5. Identify all the relevant information and evidence you have used is arriving at the engagement decision.

6. Discuss what issues your firm needs to consider before this audit engagement can be accepted.

7. Show any calculations you have conducted to support your decision.

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