[On CA Firm Letterhead]
Date: [DD/MM/YYYY]
To,
The Board of Directors / Partners,
[Client Company/Firm Name], [Address].
Subject: Engagement for Audit of Financial Statements — F.Y. [Financial Year].
Dear Sir/Madam,
We thank you for appointing us as auditors of [Client Name] for the year ending [Year-end Date]. This letter sets out the terms of our engagement, which is conducted in accordance with the Standards on Auditing and applicable law.
Our responsibility is to express an opinion on the financial statements; management remains responsible for their preparation, for maintaining internal controls and for providing complete records and representations. Our audit fee is agreed at Rs. [Fee] plus applicable taxes.
Kindly countersign the enclosed copy as confirmation of your agreement to these terms. We look forward to your cooperation. Thanking you.
___
For [CA Firm Name]
Chartered Accountants (FRN [FRN])