$$ Apply Standards for Accounting and Review Services to preparation, compilation, and review engagements

$$ Describe the ethical and behavioral considerations for auditors

Scenario

You are an auditor at Andersen Auditing Firm. Your manager has asked you to evaluate a colleague$$s engagement and identify the engagement type based on the Statements on Standards for Accounting and Review Services $($SSARS$).$ Due to previous violations of ethical and behavioral standards within the company, your manager has also asked you to explain how your colleague has followed AICPA ethical standards. You will need to report to your manager and evaluate your colleague$$s engagement and explain how they followed AICPA ethical standards.

Directions

Report that evaluates a colleague$$s engagement and explains how they followed AICPA ethical standards.

Specifically, you must address the following rubric criteria:

$1.$ Determine the type of engagement that your colleague completed for the client.

$2.$ Justify the selected engagement type for the client.

$3.$ Assess the purpose of each financial statement for the client$$s engagement report.

$4.$ Examine how the alternative SSARS engagements were inappropriate for the client.

$5.$ Determine the missing information needed in the client$$s engagement report.

$6.$ Analyze the CPA quality control elements that apply to the engagement report.

$7.$ Explain which AICPA rule has been violated in the engagement report and the implications of this violation.

$8.$ Recommend an appropriate strategy for resolving the AICPA violation.

$9.$ Assess the role of ethical frameworks in shaping your colleague$$s actions throughout the engagement.

$10.$ Justify the importance of conducting this engagement in an unbiased and principled manner.