The AICPA Governmental Audit Quality Center (GAQC) developed this article in response to questions it has received from members on the implications of Statement on Auditing Standards Nos. 134-140 on engagement letters for governmental audits performed in accordance with Government Auditing Standards and/or single audits performed under the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). It covers:
General engagement letter considerations.
Engagement letter guidance relevant to audits in accordance with Government Auditing Standards.
Single audit engagement letter considerations.