Engagement Letter For Statutory Audit Template for Hong Kong

1. Group Audit Arrangements: Required when the client is part of a group structure requiring coordination with other auditors

2. Specific Industry Requirements: Added for regulated industries like financial services or insurance

3. Other Services: Included when additional non-audit services are being provided alongside the statutory audit

4. Use of External Experts: Required when specialist expertise will be needed during the audit

5. Remote Working Arrangements: Added when significant portions of the audit will be conducted remotely

6. Special Considerations: Added for unique circumstances affecting the audit approach or timeline

1. Appendix A - Standard Terms of Business: Detailed terms and conditions governing the professional relationship

2. Appendix B - Fee Schedule: Detailed breakdown of fees, hourly rates, and additional charges

3. Appendix C - Required Client Assistance: List of documents, schedules, and support required from the client

4. Appendix D - Timeline and Key Dates: Detailed audit timetable including key milestones and deadlines

5. Appendix E - Team Structure: Key audit team members and their roles

6. Appendix F - Data Protection Requirements: Specific arrangements for handling sensitive data and personal information