Standard on Auditing - 210 Revise

Akhil Gupta (Manager F&A) (856 Points)

11 June 2010  

According to SA-210 Revised

3. The objective of the auditor is to accept or continue an audit engagement

only when the basis upon which it is to be performed has been agreed, through:

(a) Establishing whether the preconditions for an audit are present; and

(b) Confirming that there is a common understanding between the auditor

and management and, where appropriate, those charged with governance of

the terms of the audit engagement.

 

What is the meaning of those charged with governance