A2 - Other Reports - Review of Interim Financial Info

Question 1

A review of the interim financial information of a publicly held company is conducted in accordance with

Answer 1

PCAOB standards

Question 2

The objective of a review of interim financial information is to provide the accountant, through inquiries and analytical procedures, with:

Answer 2

A basis for reporting whether material modifications should be made to such information to conform with generally accepted accounting principles.

Question 3

An independent accountant’s report is based on a review of interim financial information. If this report is presented in a registration statement, a prospectus should include a statement clarifying that the:

Answer 3

Accountant’s review report is not a part of the registration statement within the meaning of the Securities Act of 1933.