Question 1
The standards for preparation, compilation, and review engagements of financial statements are the
◦ AICPA's
Code of Professional Conduct.◦ Statements on Auditing Standards (SASs).
◦ Statements of Standards on Attestation Engagements (SSAEs).
◦ Statements on Standards for Accounting and Review Services (SSARS).
Question 2
The statement that "We are not aware of any material modifications that should be made to the accompanying financial statements" expresses which of the following?
◦ disclaimer of an opinion
◦ negative assurance
◦ negative confirmation
◦ shared opinion