ACC 645 Module Two Activity Guidelines and Rubric

Overview

You are a junior auditor at an accounting firm. Your manager has given you a set of SSARS engagements with two different clients. Your manager has asked you to draft a detailed memo listing the provided-by-client (PBC) items that are necessary for direct examination and review SSARS engagements, along with the rationale for why the included items are necessary.

This assignment will strengthen your understanding of the PBC items for each SSARS engagement.

Directions

Using the scenario above, draft a memo addressed to your manager explaining the PBC items for each engagement.

Specifically, you must address the following rubric criteria:

1. Determine the PBC items required for a direct examination engagement.
2. Determine the PBC items required for a review engagement.
3. Justify why the required items are necessary for a direct examination engagement.
4. Justify why the required items are necessary for a review engagement.

Please use the following references for answers:

Direct examination Engagement:

https://us.aicpa.org/content/dam/aicpa/research/standards/auditattest/downloadabledocuments/at-c-00206.pdf

https://us.aicpa.org/content/dam/aicpa/research/standards/auditattest/downloadabledocuments/at-c-00205-a.pdf

Review Engagement:

https://cpahalltalk.com/review-engagements/

https://us.aicpa.org/content/dam/aicpa/research/standards/compilationreview/downloadabledocuments/ar-00090.pdf