You have been engaged to perform a review service for the partnership of Reed and Wright. Your review does not uncover any material errors of omission or commission in the company's financial statements.

Required:

a. Indicate the nature of the review that was performed.

b. Explain the references to standards and to management in the first paragraph of the accountant's standard report on a review.

c. Write the second and third paragraphs of the accountant's report that would be applicable for Reed and Wright.