Title Choices

Question 1

Statements on Standards for Accounting & Review Services SSARS = AR

Answer 1

Standards for reviews, compilations and engagements to prepare financial statements.

Question 2

Statements on Standards for Attestation agreements SSAEs = AT

Answer 2

Designed to issue pronouncements on attestation matters.

Question 3

Statements and quality control standards SQCSs = QC

Answer 3

Issued by ASB. Firms are obligated to adhere to quality control standards established by the AICPA.

Question 4

Auditing clarified = AU-C

Answer 4

States the objectives of the auditor and the requirements with which the auditor has to comply when conducting an audit in accordance with GAAS.

Question 5

Consulting Services = CS

Answer 5

When a practitioner develops the findings, conclusions and recommendations presented.

Question 6

Integrity and objectivity = ET

Answer 6

Maintain objectivity and integrity, shall be free of conflicts of interest, and shall not knowingly misrepresent facts or subordinate his or her judgment to others.

Question 7

PCAOB Auditing Standards = AS

Answer 7

Standards for registered public accounting firm’s to follow in the preparation and issuance of other reports.

Question 8

AICPA Bylaws

Answer 8

BL