"audit engagements" is a correct and usable phrase in written English.
It is commonly used in business and accounting contexts to refer to the specific projects or assignments that auditors undertake. Example: The accounting firm has many audit engagements with various clients, ensuring that their financial records are accurate and compliant with industry standards.
It is plausible, therefore, to estimate that most engagement investigations end up with a sanction, but because penalization is associated with a particular engagement, we cannot infer that audit malpractice can be extended to other client audit engagements within that auditing firm's portfolio (DeFond 2010).
But it does represent a marker: the mood in Europe (reflected elsewhere) that auditors have a crucial function that is being weakened by distractions like consulting, and even by over-long audit engagements.
As stated in prior sections, in Spain, the supervisory system embraces the investigations of specific audit engagements through the review of the working papers and the inspections of the internal quality control systems of the auditing firms.
Last year, the International Forum of Independent Audit Regulators found in a "high but decreasing percentage of audit engagements" in the 42 jurisdictions that participated in its annual survey.
This study is also limited to the investigations over audit engagements, but additional evidence on the efficacy and effectiveness of the regular inspections that are compelled by the Directive 2006/43/EC would be helpful for the audit industry and policy makers alike.
It takes years to become a CEO or audit engagement partner.
Regulators persisted, citing the benefits of a fresh perspective and enhanced independence that a new audit engagement partner would bring.
The commission added that audit "engagement teams throughout PW India routinely relinquished control of the delivery and receipt of cash confirmations to their audit clients and rarely, if ever, questioned the integrity of the confirmation responses they received from the clients".
The client threatened to pull the audit engagement and give the work to another firm.
Consequently, we can not anticipate the sign of the relationship between the auditor tenure or length of audit engagement (LAE) and the dependent variable.
But, it is also unclear ex ante what the association is between the knowledge of certified tax consultants and reported corporate effective tax rates during the audit engagement.
