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Other Fields Homework Help Accounting Topic started by: Cadish on Jul 19, 2017



Title: Prior to accepting an engagement to examine a financial forecast or projection included in a ...
Post by: Cadish on Jul 19, 2017
Prior to accepting an engagement to examine a financial forecast or projection included in a prospectus or other public offering document, the public accountant should
A) obtain an understanding of the controls over preparation of internal forecasts such as budgets.
B) increase the risk profile of the client with respect to management integrity.
C) ensure that management will provide sufficient evidence to conduct the engagement.
D) inform the client that the engagement may not detect errors in the client's forecasts.


Title: Re: Prior to accepting an engagement to examine a financial forecast or projection included in a ...
Post by: charleshardt on Jul 19, 2017
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Title: Re: Prior to accepting an engagement to examine a financial forecast or projection included in a ...
Post by: Cadish on Jul 24, 2018
Makes more sense to me now :D