When performing a compilation
engagement, the accountant is required to
a. Make inquiries of management to assess
the reliability and completeness of the
information provided.
b. Assess internal controls.
c. Verify matters and explanations.
d. Obtain a general knowledge of the
business and operations of the
entity.
engagement, the accountant is required to
a. Make inquiries of management to assess
the reliability and completeness of the
information provided.
b. Assess internal controls.
c. Verify matters and explanations.
d. Obtain a general knowledge of the
business and operations of the
entity.