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Probleim 1-18 Points Hint-See Chapters 17 and 19 Auditors who audit public and nonpublic companies must be familiar with professional standards developed by a variety
Probleim 1-18 Points Hint-See Chapters 17 and 19 Auditors who audit public and nonpublic companies must be familiar with professional standards developed by a variety of services. For each of the types of services below indicate the proper source of professional requirements. Each source may be used once, more than once, or not at all Sources of Standards A. Accounting and Review Services Committee Statements on Standards for Accountin and Review Services (SSARS) B. Auditing Standards Board Statements on Auditing Standards C. PCAOB Auditing Standards lvpes of Services 1.An annual review of the financial statements of a nonpublic company A quarterly review of the financial statements of a nonpublic company that has a annual audit A quarterly review of the financial statements of a public company that has an annual audit. An audit of the financial statements of a nonpublic company A compilation of the financial statements of a nonpublic company A quarterly review of the financial statements of a nonpublic company that annually has a review of its financial statements A letter to an underwriter of a public company A report on summary financial statements of a nonpublic company An audit of a public compai 3 6 7. Probleim 1-18 Points Hint-See Chapters 17 and 19 Auditors who audit public and nonpublic companies must be familiar with professional standards developed by a variety of services. For each of the types of services below indicate the proper source of professional requirements. Each source may be used once, more than once, or not at all Sources of Standards A. Accounting and Review Services Committee Statements on Standards for Accountin and Review Services (SSARS) B. Auditing Standards Board Statements on Auditing Standards C. PCAOB Auditing Standards lvpes of Services 1.An annual review of the financial statements of a nonpublic company A quarterly review of the financial statements of a nonpublic company that has a annual audit A quarterly review of the financial statements of a public company that has an annual audit. An audit of the financial statements of a nonpublic company A compilation of the financial statements of a nonpublic company A quarterly review of the financial statements of a nonpublic company that annually has a review of its financial statements A letter to an underwriter of a public company A report on summary financial statements of a nonpublic company An audit of a public compai 3 6 7
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