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Author Question: A CPA firm can issue a compilation report (Read 49 times)

JimmyJoe

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on: Aug 21, 2022

Question 1

If a client has failed to follow applicable accounting standards in a review engagement, the report must be modified. Prepare an example of the suggested wording in a separate paragraph covering known departures from accounting principles generally accepted in the United States of America.

Question 2

A CPA firm can issue a compilation report
◦ only if the partners are independent.
◦ only if all the partners and the staff in the office performing the engagement are independent.
◦ if the partners have no material or direct immaterial interest in client.
◦ even if it is not independent.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by JimmyJoe on Aug 21, 2022

fowlerhop@rocketmail.com

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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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JimmyJoe

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

kswal303

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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