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4. Ann Covington, CPA, has been asked to perform a consulting services engagement concerning the analysis of a potential merger: She has little experience with
4. Ann Covington, CPA, has been asked to perform a consulting services engagement concerning the analysis of a potential merger: She has little experience with the industry involved. What is her most appropriate action? (EQE 2.4.3, Answer B) a. b. Accept the engagement and perform it in accordance with auditing standards. Accept the engagement and perform additional research or consult with others to obtain sufficient competence. Accept the engagement and issue a report vouching for the achievability of the results of the merger Decline the engagement because she lacks sufficient knowledge
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