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Facts: A CPA is a CFO for a company and is not in public practice. The company asks the CFO to issue a compilation report
Facts: A CPA is a CFO for a company and is not in public practice. The company asks the CFO to issue a compilation report on the company's financial statements. Which of the following is correct: a the CPA is permitted to issue a compilation report because he or she is the CFO b the CPA is not permitted because she is not in public practice c the CPA can issue a review, but not a compilation report d the CPA can issue a compilation report at long as he or she disclaims independence
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