Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: mitch44 on Aug 1, 2022



Title: Which of the following is a correct statement regarding review, compilation, and preparation services?
Post by: mitch44 on Aug 1, 2022
Which of the following is a correct statement regarding review, compilation, and preparation services?

▸ A written engagement letter is not needed for a review, compilation or preparation service.

▸ The Statements on Standards for Accounting and Review Services (SSARS) clarity project used international standards as the base standard when revising the SSARS.

▸ CPAs must be independent of the client in a review service engagement and for an audit engagement.

▸ The amount of evidence accumulated in a review is minimal.


Title: Which of the following is a correct statement regarding review, compilation, and preparation services?
Post by: majudomminick on Aug 1, 2022
Content hidden