Mohammed is a CPA who is engaged to perform a variety of services to both audit and non-audit clients. Most of his work involves financial statements audits for publicly traded comnpanies, other large companies, many small companies and even non-commercial organizations. However, some clients seek a variety of other non-audit services. These services differ widely in terms of the nature and purpose of providing the service. Difforences also exist as to the amount of evidence used, costs incurred and accordingly the level of assurance provided on the reliability of information. Mohammed believes that auditing careers provide an excellent experience in risk assessment and management techniques. He has an opportunity for professional development and he also believes that his employment is interesting and meaningful. Working as a CPA, Mohammed has a wide range of opportunities allowing for personal growth. Although Mohammed, as a CPA, can perform any type of audit, some audit engagements are restricted to certain types of auditors other than the CPA. Following are a variety of services and audit engagements performed by different types of auditors. Based on your auditing background, you are required to help the auditor in analyzing each of the following separate individual cases related to different types of engagements by answering the following questions. Question 2 The review of a company's financial statements by a CPA firm is of similar scope as an audit and adds similar credibility to the statements. O True O False Mohammed is a CPA who is engaged to perform a variety of services to both audit and non-audit clients. Most of his work involves financial statements audits for publicly traded comnpanies, other large companies, many small companies and even non-commercial organizations. However, some clients seek a variety of other non-audit services. These services differ widely in terms of the nature and purpose of providing the service. Difforences also exist as to the amount of evidence used, costs incurred and accordingly the level of assurance provided on the reliability of information. Mohammed believes that auditing careers provide an excellent experience in risk assessment and management techniques. He has an opportunity for professional development and he also believes that his employment is interesting and meaningful. Working as a CPA, Mohammed has a wide range of opportunities allowing for personal growth. Although Mohammed, as a CPA, can perform any type of audit, some audit engagements are restricted to certain types of auditors other than the CPA. Following are a variety of services and audit engagements performed by different types of auditors. Based on your auditing background, you are required to help the auditor in analyzing each of the following separate individual cases related to different types of engagements by answering the following questions. Question 2 The review of a company's financial statements by a CPA firm is of similar scope as an audit and adds similar credibility to the statements. O True O False