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Kentucky Public School Districts Audit Contract and RequirementsFiscal Year 20122013March 14, 2013Table of Contents Introduction×1 Independent Auditors Contract×2 Audit Acceptance Statement×5 Annual
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Independent auditor's contract2 is a formal agreement between a company and an independent auditor outlining the terms of the audit engagement.
Companies that are required to have an independent audit, such as publicly traded companies or companies with certain levels of revenue or assets, are required to file independent auditors contract2.
Independent auditors contract2 should be filled out by both the company and the independent auditor, detailing the scope of the audit, timing, fees, and other relevant terms.
The purpose of independent auditors contract2 is to define the responsibilities and expectations of both the company and the independent auditor, ensuring a thorough and unbiased audit process.
Independent auditors contract2 must include details such as the scope of the audit, the period covered, fees, timing, and any limitations on liability.
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