Multiple Choice the statements may not be appropriate for the purposes of users the financial statement information has been compiled Financial statements have not been audited or reviewed and the accountant did not attempt to verify accuracy or completeness.

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter16: Advanced Topics Concerning Complex Auditing Judgments
Section: Chapter Questions
Problem 38RSCQ
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49
00:40:19
An accountant's communication on the financial statements in a compilation engagement would NOT include a statement that
Multiple Choice
the statements may not be appropriate for the purposes of users
the financial statement information has been compiled
Financial statements have not been audited or reviewed and the accountant did not attempt to verify accuracy or
completeness.
a compilation engagement consists primarily of inquiries of company personnel and analytical procedures applied to financial
Transcribed Image Text:49 00:40:19 An accountant's communication on the financial statements in a compilation engagement would NOT include a statement that Multiple Choice the statements may not be appropriate for the purposes of users the financial statement information has been compiled Financial statements have not been audited or reviewed and the accountant did not attempt to verify accuracy or completeness. a compilation engagement consists primarily of inquiries of company personnel and analytical procedures applied to financial
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