SU 18 Flashcards

1
Q

Info about a review report

A

The review report provides limited assurance. It states that the accountant is not aware of any material modifications that should be made for the FS to conform with GAAP.

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2
Q

Info about a review report

A

The review report provides limited assurance. It states that the accountant is not aware of any material modifications that should be made for the FS to conform with GAAP.

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3
Q

Objective of a review

A

The expression of an opinion regarding the FS taken as a whole. No opinion is expressed.

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4
Q

Review report states

A

The accountant is not aware of any material modifications that should be made to the FS in order for them to conform with the applicable framework.

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