AUD Deck 11-Other Professional Services

Question 1

Attest Engagement:

Answer 1

When a CPA practitioner is engaged to issue (or does issue) an examination, a review, or an agreed-upon procedures report on subject matter, or an assertion about the subject matter that is the responsibility of another party.

Question 2

Assertion-

Answer 2

Any declaration about whether the subject matter is in conformity with the criteria selected.

Question 3

Responsible Party-

Answer 3

The person(s) responsible for the subject matter (or a party who has a reasonable basis for making a written assertion about the subject matter)-being able to identify a reasonable party is a prerequisite for an attest engagement.