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Engagement letter

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AA Exams › Engagement letter

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  • July 5, 2021 at 4:48 am #626985
    Jiya024
    Member
    • Topics: 168
    • Replies: 56
    • ☆☆☆

    Dear Professor,

    My kit states that Engagement letter needs to be reissued if there is a change in the “Legal or Regulatory” Framework.

    I wanted to understand from you if there is any difference between the two?
    And if so can you explain with examples?

    Thanks much for your responses!

    July 5, 2021 at 7:47 am #626997
    Kim Smith
    Keymaster
    • Topics: 134
    • Replies: 8308
    • ☆☆☆☆☆

    This is assumed knowledge of LW – the distinction is not important in AA. “Law” refers to statute that has been enacted – which in the UK means that a bill has been passed by the government. Regulations are the means by which law is enacted.

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