Select the necessary words from the list of possibilities to complete the following statements. Answer Show All Ite The two most essential qualities for a CPA to perform the attest function properly are professional competence and To to information means to provide assurance as to its faimess and attest Accounting and review services" is the term used by CPA firms to describe work done oncontinuing education for small businesses that do not want audits, but periodically need the services of professional accountants. Such services often consist of the preparation, compilation or efficiency of financial statements independence even Primary responsibility for audited financial statements rests with though the statements may be drafted and processed in the auditors' office 15. |The- is a governmental organization that regulates the sale of securities 6 The regulates all accounting firms that audit public companies Public accounting firms are organzed as sole proprietorships, partnerships, professional corporations, or The professional staft of a typical public accounting firm includes partners, managers senior auditors and o. The AICPA requires members in public practice to obtain 120 hours of every three years. 10 An operational auda is a study of a unit of an organization to evaluate the efliciency and of the unit limited liability companies (limited liability partnerships) management Public Company Accounting Oversight Board review Securities and Exchange Commission staff assistants ne n or