Question
There are a variety of non-audit services that CPAs perform for companies. Understanding what these services entail helps to ensure you are in compliance for
There are a variety of non-audit services that CPAs perform for companies. Understanding what these services entail helps to ensure you are in compliance for any type of client engagement. Melissa O'Neil, CPA, has been engaged by a non-public company, Caldwell, Inc., the statements of the most recently completed fiscal year.
What sources should O'Neil consult in order to prepare for this review?
What are the required procedures that O'Neil must perform?
What information should the review report contain?
What should O'Neil do if she finds there was a material departure from GAAP?
Step by Step Solution
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Step: 1
As a CPA engaged to perform a review of a nonpublic companys financial statements Melissa ONeil should consult the following sources The AICPAs Statem...
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Accounting Information Systems The Processes and Controls
Authors: Leslie Turner, Andrea Weickgenannt
2nd edition
9781118473030, 1118162307, 1118473035, 978-1118162309
