Given that a compilation does not involve providing any assurance and the auditor does not need to

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Given that a compilation does not involve providing any assurance and the auditor does not need to be independent to conduct the engagement, why do you believe that auditing standards (for example, the AICPA) prohibits the performance of management functions, such as approving journal entries?

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Auditing Assurance And Risk

ISBN: 9780324313185

3rd Edition

Authors: W. Robert Knechel, Steve Salterio, Brian Ballou

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