Question: Question 3 5 Why would a client decide to heve a CPA firm conduct a review instead of conducting an audit? A review is less
Question
Why would a client decide to heve a CPA firm conduct a review instead of conducting an audit?
A review is less expenslve for the client than an audt.
In cartain wituations, the PCAOA repilies pedblic companies to have a review conducted instead of an audit.
A review conducted by a CPA firm can reduce the cost of capital more than, if the CPA firm conducted an audit.
A review provides greater assurance than an audit.
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