What type of risk creates a demand for independent and objective audit services to decision makers like

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What type of risk creates a demand for independent and objective audit services to decision makers like investors and creditors?

a. Compile a company’s financial forecast based on management’s assumptions without expressing any form of assurance. 

b. Prepare a written report containing a conclusion about the reliability of a management assertion. 

c. Prepare a tax return using information the CPA has not audited or reviewed. 

d. Give expert testimony in court on particular facts in a corporate income tax controversy.  

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Auditing And Assurance Services

ISBN: 9781266796852

9th Edition

Authors: Timothy Louwers, Penelope Bagley, Allen Blay, Jerry Strawser, Jay Thibodeau

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