In this lesson, Nick Palazzolo, CPA discusses various types of engagement, including single audits, governmental audits, service organizations, special-purpose frameworks, and other country frameworks. He breaks down each type of engagement and explains how they apply to different entities. Although special-purpose frameworks and other country frameworks will not be as important in the future, Nick still provides a brief overview, ensuring that the lesson remains comprehensive. The lesson delves into the learning objectives, so viewers gain a solid understanding of the material.