Josh, CPA, has been engaged in numerous audit engagements but is yet to enhance his knowledge on other services relative to the practice of public accounting. One day, he asked Gab, CPA, a senior practitioner, on tips on engagements other than audits. Which of the following tips should Josh agree on and consider in his engagements?

Group of answer choices

All of these tips will be helpful for Josh and he should consider them all.

Gab is just messing around with him and gave some rubbish tips which Josh should not consider.

When engaging into assurance engagements other than audit engagements, Josh should also have that same degree of confidence on the results of the engagement for him to issue the same level of assurance.

Since Josh has a vast experience on performance of audit engagements, he should remember that he should also consider an understanding of the entity and its environment when preparing for the engagement plan, which is also done in an audit.

In agreed upon procedures, there will come a time when the client will insist on procedures that they want to be performed. Although Josh has the capability to perform those procedures, he shall consider that since this are of audit nature, the decision to perform them lies with the practitioner.

Although Gab seems to be playing around, he gave two useful tips and the other ones should not be considered by Josh.

All reviews shall be performed in accordance with the Philippine Standards on Review Engagements, including those for historical, interim, and prospective financial information.