Question: Compare and explain the differences between the services listed in the following table in terms of the scope of work that is done, and the

Compare and explain the differences between the services listed in the following table in terms of the scope of work that is done, and the procedures that are followed (when compared to the audit service).


Service                                                   Scope of work and some procedures

1- Review

2- Compilation

3- Previously agreed procedures (agreed upon procedures)

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1 Review Review is the limited examination performed by a CPA reporting on the plausibility of the financial statementsThe review provides limited ass... View full answer

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