A financial statement review conducted in compliance with SSARS includes obtaining an understanding of internal control.

Name: A financial statement review conducted in compliance with SSARS includes obtaining an understanding of internal control.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A financial statement review under SSARS does not require obtaining an understanding of internal control; it is less extensive than an audit and primarily involves inquiry and analytical procedures.

A Financial Statement Review Conducted in Compliance with SSARS Includes