Auditing Accounting

Grant, CPA, has been approached by Drake Corporation to accept an attest engagement to examine and report on management's written assertion about the effectiveness of the company's internal controls over financial reporting as of September 30,203, the end of its fiscal year. Drake Corporation is considered to be a nonissuer. REQUIRED: (1) Using the attached form, indicate the required conditions that must be met for Grant to accept an attest engagement to examine and report on management's assertion about the effectiveness of Drake Corporation's internal controls. (2) Using the attached form, describe the engagement activities that would be involved in Grant's performing an examination of management's assertion about the effectiveness of Drake Corporation's internal controls. (2) ENGAGEMENT ACTIVITIES INVOLVED IN GRANT, CPA TO PERFORM AN EXAMINATION OF MANAGEMENT'S ASSERTION ABOUT EFFECTIVENESS OF INTERNAL CONTROLS (1) REQUIRED CONDITIONS REQUIRED BY