Preparation Engagements Flashcards
1
Q
Preparation Engagements: Assurance Provided?
A
No assurance
2
Q
What should be included on each page
A
1) disclaimer no assurance provided on F/S
or
2) Perform a compilation engagement
3
Q
Non attest Engagement
A
Preparation
4
Q
Understanding of the job
A
Must be done with management
5
Q
What should be included in the preparation documentation?
A
THe engagement letter
