A6 Accounting and Review Service Engagements, Interim Reviews, and Ethics and Professional Responsibilities Flashcards
1
Q
**U LIAR CPA: Performance requirements applicable to a review
A
Understanding with client should be established
Learn and/or obtain sufficient knowledge of the entity’s business
Inquiries should be addressed to appropriate individuals
Analytical procedures should be performed
Review-other procedures should be performed
Client representation letter should be obtained from management
Professional Judgement should be used to evaluate results
Accountant (CPA) should communicate results -review report
