Higher level of service than a preparation or compilation engagement.
Results in an expression of limited assurance.
The review report states that the accountant is not aware of any material modifications necessary for the statements to conform with the applicable financial reporting framework.
Inquiry and analytical procedures provide the accountant with a reasonable basis for this conclusion.
The accountant is not required to obtain an understanding of internal control or assess control risk.
Understanding with client should be established
Learn and/or obtain sufficient knowledge of the entity's business
Inquiries should be addressed to appropriate individuals
Analytical procedures should be performed
Review-other procedures should be performed
Client representation letter should be obtained from management
Professional judgment should be used to evaluate results
Accountant (CPA) should communicate results
Which of the following procedures would an accountant least likely perform during an engagement to review the financial statements of a non issuer?
Financial statements of a non issuer that have been reviewed by an accountant should be accompanied by a report stating that a review: