An accountant becomes associated with financial statements when he or she signs them as the Chief Financial Officer.

Question

Quizplus · Accepted Answer

An accountant becomes associated with financial statements primarily through the act of preparing, auditing, or reviewing them, not merely by signing them as the Chief Financial Officer (CFO). The CFO's signature typically represents management's responsibility for the financial statements, rather than the accountant's professional association with them.

An Accountant Becomes Associated with Financial Statements When He or She