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Author Question: If an auditor performs a compilation but lacks independence, an additional paragraph must be added ... (Read 29 times)

blkth103

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on: Aug 21, 2022

Question 1

For compilation reports, if the client fails to follow accounting standards, the accountant must include the same modifications in the compilation report that are used in the review report.
◦ true
◦ false

Question 2

If an auditor performs a compilation but lacks independence, an additional paragraph must be added which states that: "We are not independent with respect to XYZ Company."
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by blkth103 on Aug 21, 2022

psuniv

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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blkth103

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

shewald78

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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