An accountant compiled the financial statements of a nonissuer in accordance with Statements on Standards for Accounting

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An accountant compiled the financial statements of a nonissuer in accordance with Statements on Standards for Accounting and Review Services (SSARS). If the accountant has an ownership interest in the entity, which of the following statements is correct?

Group of answer choices

A. The accountant should include the statements "I am not independent with respect to the entity" in the compilation report.

B. The accountant should refuse the compilation engagement.

C. A report need not be issued for a compilation of a nonissuer.

D. The accountant should include the disclaimer "I am an owner of the entity" in the report.

Posted Date: Jun 22, 2024 12:04 AM

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An accountant compiled the financial statements of a nonissuer in accordance with Statements on Standards for Accounting

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