According to the Standards, which of the following best describes what must be agreed upon to establish an understanding with clients prior to starting a consulting engagement?
According to the Standards, which of the following best describes what must be agreed upon to establish an understanding with clients prior to starting a consulting engagement?
To establish an understanding with clients prior to starting a consulting engagement, the best description of what must be agreed upon includes the engagement objectives, scope, respective responsibilities, and other client expectations. This comprehensive set of components ensures that both parties have a clear and mutual understanding of the consultancy's purpose and boundaries, and it aligns with recognized standards for managing consulting engagements.
2201.C1 – Internal auditors must establish an understanding with consulting engagement clients about objectives, scope, respective responsibilities, and other client expectations. For significant engagements, this understanding must be documented.
Consulting engagement which needs to agree on objective, scope, and management concern
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Why not C?
Objectives are not mentioned.