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Provide an original and substantive response to the questions posed in your Journal in a minimum of 200 words. After reading and discussing how important

Provide an original and substantive response to the questions posed in your Journal in a minimum of 200 words.

After reading and discussing how important it is for auditors to gather evidence to back up client claims, you are now introduced to accounting services where it is unnecessary to verify managements information.

  • In providing these compilations, how comfortable would you be in preparing financial statements based on data that you are not going to verify?
  • What concerns would you have signing off on these compilations as a CPA?
  • Because you are not performing audit services on the compilations, how do you know if information you are given is true?
  • WhattypesofquestionscouldyouaskyourclientthatwouldfallwithintherealmofcompilationswithoutcrossingthelineintoauditinG

THIS ONLY NEEDS TO BE ABOUT 150 WORD

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