Answered: State any FOUR (4) procedures that…

State any FOUR (4) procedures that would normally be performed by the practitioner before any report on the review of client’s financial statements can be issued.

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter17: Other Services Provided By Audit Firms

Section: Chapter Questions

Problem 59RSCQ

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Question

State any FOUR (4) procedures that would normally be performed by the
practitioner before any report on the review of client’s financial statements
can be issued.

Expert Solution

Step 1

In order to issue any report on review the practitioner must obtain information on financial statements and then only can an opinion can be formed and expressed.

Step by step

Solved in 2 steps

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