You have just acquired a new client and have discussed various services that you will perform for the client including the annual audit and preparation of corporate tax returns. What documentation should you obtain from the dient in order to reduce any misunderstandings over the type of services being performed? 01 Management letter O2 Auditor's report O 3 Legal letter O4 Engagement letter QUESTION 3 According to GAAS, the overall objective of a financial statement audit is 01. To enable the auditor to express an opinion as to whether the financial statements are prepared in accordance with generally accepted accounting principles. O2. To reduce audit risk to an acceptably low level 3. To determine whether the financial principles adopted by management in preparing the financial statements are acceptable 4 To obtain reasonable assurance that the financial statements taken as a whole are free from misstatement, whether due to fraud or error