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Ch20 Attestation Standards [LO20-2] Attestation Standards Read the overview below and complete the activities that follow. Attestation standards apply to engagements in which practitioners are engaged to issue or do issue an examination, a review, or an agreed-upon procedures report on subject matter or an assertion about subject matter that is the responsibility of another party. CONCEPT REVIEW: It is important to distinguish between the subject matter itself and the assertion about the subject matter. The subject matter may be financial information, physical characteristics, historical events, or systems or processes. Part 2 - Concept Check 1. A(n) is a declaration about whether the subject matter is presented in accordance with certain criteria. 2. Practitioners report either on the about the subject matter or the subject matter itself. 3. SSARS reviews are performed on clients that an annual audit. 4. Public company guidance comes from the agreed-upon procedure 5. Nonpublic companies that are audited may also want interim reviews. Auditors must then follow assertion attestation audit