An accountant's review engagement report would NOT include a statement that ________.
A)the engagement was performed in accordance with generally accepted auditing standards (GAAS)
B)an accountant reviews information supplied by the company
C)a review does not constitute an audit and an audit opinion is not expressed on the financial statements
D)the accountant is not aware of any material departure from generally accepted accounting standards (GAAP)

Question

Quizplus · Accepted Answer

An accountant's review engagement report would not include a statement that the engagement was performed in accordance with generally accepted auditing standards (GAAS) since a review engagement follows a different set of standards, known as the Statements on Standards for Accounting and Review Services (SSARS).

An Accountant's Review Engagement Report Would NOT Include a Statement