You have been engaged to audit the financial statements of a Canadian public company. Which of the following statements is correct?
(1) Your firm must be registered with the CPAB.
(2) Your firm will be subject to auditing and quality control standards issued by the provincial securities commission.
(3) Your firm must be either a national or Big Four CPA firm.
(4) You will be engaged to audit both the quarterly and annual financial statements of your client.