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Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 50
When accountants agree to perform a compilation or review of unaudited financial statements, the best way to avoid client's misunderstanding the nature of the work is to describe it completely in
A) An engagement letter.
B) The auditors' opinion.
C) A report to the clients' board of directors at the close of the engagement.
D) A management letter to the board of directors' audit committee.
A) An engagement letter.
B) The auditors' opinion.
C) A report to the clients' board of directors at the close of the engagement.
D) A management letter to the board of directors' audit committee.
Explanation
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Verified
• The engagement letter acquired at the ...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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