CPA Audit review module 6 -1

What does SSARS stand for?

SSARS apply to _________________________ or other unaudited financial information of a non public entity.

SSARS apply to unaudited financial statements or other ________________________ of a __________________.

A ____________________ is a service in which the accountant assists in the preparation of financial statements.

A compilation is a service in which the accountant assists in the __________________________________.

A ________________ report provides no assurance.

A compilation report provides _______ assurance

In a review service report, the accountant does the following
1. perform analytical procedures
2. make inquires of management and others
3. obtain representations from management relating to the financial statements

In a review service report, the accountant does the following
1. perform analytical procedures
2.
3. obtain representations from management relating to the financial statements

In a review service report, the accountant does the following
1. perform analytical procedures
2. make inquires of management and others
3.

In a review service report, the accountant does the following
1.
2.
3.

__________________ include limited assurance (negative assurance)

Review reports include ____________________________assurance

a ________________ involves assisting management in presenting financial information in the form of financial statements

a compilation involves assisting management in ____________________________ in the form of financial statements

a compilation involves assisting management in presenting financial information in the form of ____________________

while preforming a compilation, if the accountant becomes aware of information that is incorrect, incomplete, or other wise unsatisfactory, the accountant should obtain addition or revised information.  If the entity refuses to provide such information, the accountant should ___________________________________.

while preforming a compilation, if the accountant becomes aware of information that is incorrect, incomplete, or other wise unsatisfactory, the accountant should obtain addition or revised information.  If the entity refuses to provide such information, the accountant should ______________________.

Is independence required for a compilation?

Each page of the unaudited financial statements should be marked "___________________________"

Each page of the _______________________ should be marked "See Accountants Compilation Report"

Should the accountant provide a discloser if not independent when doing a complication?

What is another name for limited assurance

A review engagement is a assurance engagement as well as a attest engagement.

A review engagement is a assurance engagement as well as a _________________________.

a compilation report may be issued on ________________________ without compiling a complete set of statements.

a ____________________ may be issued on one or more individual financial statements without compiling a complete set of statements.