A public auditor in practice can only perform audits and review and is prohibited from
completing non-assurance engagements such as compilations of financial information and tax
engagements.

Question

Quizplus · Accepted Answer

This statement is false. A public auditor in practice is not prohibited from completing non-assurance engagements such as compilations of financial information and tax engagements. However, it is important to maintain independence and objectivity while performing such engagements.

A Public Auditor in Practice Can Only Perform Audits and Review