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.
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.
3
Q
Objective of a review
A
The expression of an opinion regarding the FS taken as a whole. No opinion is expressed.
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.