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Engagement letters are typically created and signed at the beginning of a client relationship, though they may be reviewed, updated, and signed at a regular interval (often annually) for long-term relationships. New engagement letters may also be created for an existing client if the scope of work changes.

The letter is written from auditor to client. Therefore, it is customary that the auditor signs the letter, just as you would sign any business letter. In many cases, the letter isn't signed by an individual accountant but instead is signed by the accounting firm as a whole.

The Audit Firm The letter is written from auditor to client. Therefore, it is customary that the auditor signs the letter, just as you would sign any business letter. In many cases, the letter isn't signed by an individual accountant but instead is signed by the accounting firm as a whole.

An audit engagement letter is a written agreement that outlines the scope of your work as an auditor, what the client is responsible for, how long the audit is estimated to take, and details about your fee, among other things. It is a binding contractual agreement between you and each of your clients.

It is in the interest of both client and auditor that the auditor sends an engagement letter, preferably before the commencement of the engagement, to help in avoiding misunderstandings with respect to the engagement.

The engagement letter is required to be signed by those that are deemed authorized representatives of the engaging party. For an audit firm, the engagement letter should be signed by one of the partners of the firm.

An engagement letter must be signed by authorized representatives of both parties before it is considered to be a legally binding arrangement. Since this letter is treated as a contract, it should address the obligations of both parties.