When reporting on an examination of prospective financial statements, what is the CPA's responsibility should he or
Question:
When reporting on an examination of prospective financial statements, what is the CPA's responsibility should he or she determine that
a. The forecast departs from AICPA guidelines?
b. One or more significant assumptions are not reasonable?
c. There is a significant scope limitation?
d. Other accountants performed part of the examination?
e. Historical financial information is included?
f. He or she wants to emphasize a matter?
g. He or she is not independent?
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The CPAs responsibilities in reporting on an examination of prospective financial statements vary depending on the circumstances and findings of the e...View the full answer
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Related Book For 
Auditing An Assertions Approach
ISBN: 9780471134213
7th Edition
Authors: G. William Glezen, Donald H. Taylor
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