Hi,
I feel very confusing in distinguishing between the Engagement partner and Key audit partner as it has different rotation times. Could you please explain this concept in the easiest way? Thank you so much.
Ask the Tutor ACCA AA
F8 - Engagement partner vs Key audit partner
3y ago#1Welcome to my forum!
In short, for AA purposes, the engagement partner is the audit partner who signs the audit report. A key audit partner would be the different partner who performs an engagement quality control (listed companies only) - see page 111 of the notes.
You will find definitions here https://opentuition.com/topic/cooling-off-period-listed-companies-engagement-partner-vs-key-audit-partner
Thank you so much, this is exactly what I am looking for ^^
3y ago#3You are welcome!
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