As a CPA, you have been engaged to perform an attestation engagement. You would typically
A) express a conclusion about an assertion.
B) provide management consulting services.
C) prepare financial forecasts to secure in preparation for receiving debt funding.
D) compile financial statements for the client.

Question

Quizplus · Accepted Answer

As a CPA engaged in an attestation engagement, the primary function is to express a conclusion about the fairness of an assertion or a set of financial statements. This includes performing procedures and providing an opinion on the reliability of the information presented.

B, C, and D are not typical services rendered in an attestation engagement. Providing management consulting services, preparing financial forecasts, and compiling financial statements are separate engagements with different objectives and procedures.

As a CPA, You Have Been Engaged to Perform an Attestation