- Published: October 31, 2021
- Updated: October 31, 2021
- University / College: Rutgers University–New Brunswick
- Language: English
- Downloads: 16
A.19 To perform an attestation engagement on prospective information or pro forma information, accountants must do all of the following except: B. Understand the internal controls used in the processes that generated the informationA.20 If a nonissuer wants an accountant to perform an examination of its internal controls, the accountant should follow: B. AICPA AT 501, “An examination of an entity’s internal control over financial reporting that is integrated with an audit of its financial statements.”A.
21 A review service engagement involving unaudited financial statements involvesB. less work than an audit but more work than a compilationA.22 When accountants are not independent, which of the following reports can they nevertheless issue?A. compilation reportA.23 For a compliance engagement, three conditions must be met.
Which of the following is not one of the three conditions?D. Management provides a report attesting to satisfactory compliance A.19 To perform an attestation engagement on prospective information or pro forma information, accountants must do all of the following except: B. Understand the internal controls used in the processes that generated the informationA.20 If a nonissuer wants an accountant to perform an examination of its internal controls, the accountant should follow: B.
AICPA AT 501, “An examination of an entity’s internal control over financial reporting that is integrated with an audit of its financial statements.”A.21 A review service engagement involving unaudited financial statements involvesB.
less work than an audit but more work than a compilationA.22 When accountants are not independent, which of the following reports canthey nevertheless issue?A. compilation reportA.23 For a compliance engagement, three conditions must be met.
Which of the following is not one of the three conditions?D. Management provides a report attesting to satisfactory compliance