Question
What's the difference between assurance and non assurance services?give an example of each that a cpa firm would perform. Give two examples of external factors
What's the difference between assurance and non assurance services?give an example of each that a cpa firm would perform.
Give two examples of external factors which would influence your assessment of inherent risk at a company and why.
What's the difference between assurance and non assurance services?give an example of each that a cpa firm would perform.
Your client is wants to know three differences between a review and an audit.What would you tell them?
Your client is a public company and because of covid you're unable to observe the physical inventory at year end at several remote locations to establish revenue and receiving cutoff.You determine this issue is neither material nor pervasive.However, inventory is a critical audit matter for the auditors and the company meets thethreshold requiring critical audit matters be included in the report, and also meets the threshold for an auditors report on internal controls.What type of audit report would you issue and why?
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