Before issuing a report on the compilation of financial statements of a nonpublic entity, the accountant should

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a. Apply analytical procedures to selected financial data to discover any material misstatements.

b. Corroborate at least a sample of the assertions management has embodied in the financial statements.

c. Inquire of the client’s personnel whether the financial statements omit substantially all disclosures.

d. Read the financial statements to consider whether they are free from obvious material errors.

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Auditing Concepts For A Changing Environment With IDEA Software

ISBN: 9780324180237

4th Edition

Authors: Larry E. Rittenberg, Bradley J. Schwieger

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Question Posted: May 08, 2024 09:02 AM

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Before issuing a report on the compilation of financial statements of a nonpublic entity, the accountant should

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Auditing Concepts For A Changing Environment With IDEA Software

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