Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
kickykhalil kickykhalil
wrote...
Go to Answer
Posts: 118
Rep: 0 0
A year ago
What is the best reason that standards prohibit accepting an engagement on a projection for general use?

▸ The CPA's procedures would violate SSARS.

▸ Reports on projections are not well understood by the general public.

▸ Underlying hypothetical assumptions are difficult to interpret without obtaining additional information.

▸ The CPA is not qualified to report on the use of GAAP in the projected financial statement.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
Authors:
Read 36 times
1 Reply
Replies
Answer verified by a subject expert
JulzMarieJulzMarie
wrote...
#1
Posts: 139
Rep: 2 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

kickykhalil Author
wrote...

A year ago
This site is awesome
acaruso
wrote...

Yesterday
You make an excellent tutor!
bkrandy
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1249 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 1005
  
 541
  
 211
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: Which of the following is the best resource to supplement your studies: