A preparation of financial statements engagement might include all of the following except
A)Preparation of financial statements prior to review by another accountant.
B)Preparation of financial statements to be presented alongside an entity’s tax return.
C)Preparation of financial statements solely for submission to a taxing authority.
D)Preparation of financial statements for presentation alongside a personal financial plan.

Question

Quizplus · Accepted Answer

Preparation of financial statements solely for submission to a taxing authority is not typically included in a preparation engagement, as it is more related to tax preparation services.

A Preparation of Financial Statements Engagement Might Include All of the Following