Accounting For Governmental & Nonprofit Entities
Accounting For Governmental & Nonprofit Entities
18th Edition
ISBN: 9781259917059
Author: RECK, Jacqueline L., Lowensohn, Suzanne L., NEELY, Daniel G.
Publisher: Mcgraw-hill Education,
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Chapter 11, Problem 9Q
To determine

Indicate three non-audit services that are prohibited by Government Accounting Standards, and are considered as management responsibilities.

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Which of the following is not required by generally accepted auditing standards?a. Written representations.b. Attorney letter.c. Management letter.d. Engagement letter
Explain auditors’ responsibilities with respect to a client’s failure to comply with laws or regulations.
explain each choices. Reportable conditions are matters that come to an auditor's attention and that should be communicated to an entity's audit committee because they represent Material irregularities or illegal acts perpetrated by management. Significant deficiencies in the design or operation of internal control. Flagrant violations of the entity's documented conflict of interest policies. Intentional attempts by client personnel to limit the scope of the auditor's work.
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