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make7upurs make7upurs
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2 years ago
Which of the following is not an accurate statement regarding agreed-upon procedures engagements?

▸ These engagements are also known as procedures and findings engagements.

▸ A report for such an engagement describes the findings resulting from the procedures, but cannot describe the procedures agreed upon.

▸ All agreed-upon procedure engagements are now under the scope of attestation standards.

▸ Agreed-upon procedures engagements appeal to CPAs because management, or a third-party user, specifies the procedures they want done.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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choroni64choroni64
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2 years ago
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