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This Question Relates to Other Public Accounting Services and Reports

Question 42

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This question relates to other public accounting services and reports. For each statement numbered 1 through 5, match the statement to the correct engagement or report (A through E) and place the identifying letter in the space provided.
A. A review engagement of the financial statements of a private company
B. A compilation engagement
C. A review of the interim financial statements of a public company
D. A report on financial statements prepared in accordance with an appropriate disclosed basis of accounting
E. Accuracy
____ 1. The information should be in accordance with to generally accepted accounting principles.
____ 2. In our opinion, the schedule of accounts receivable referred to above presents fairly, in all material respects.
____ 3. from information provided by management.
____ 4. As described in Note 2, these financial statements were prepared in accordance with accounting principles prescribed for School Boards in Ontario.
____ 5. does not constitute an audit and consequently I do not express an audit opinion.

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1. A or C
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