Which of the following would be considered a part of a consulting services (non-assurance)engagement? I. Expressing a conclusion about the reliability of an entity's financial statements.
II) Reviewing and commenting on a client-prepared business plan.
A)I only.
B)II only.
C)Both I and II.
D)Neither I nor II.

Question

Quizplus · Accepted Answer

Reviewing and commenting on a client-prepared business plan falls under consulting services, while expressing a conclusion about the reliability of an entity's financial statements falls under assurance services.

Which of the Following Would Be Considered a Part of a Consulting