The standards used in a compilation engagement

The evaluation or measurement of the subject matter is performed by the responsible party and the outcome of such evaluation or measurement is the form of an assertion by the responsible party that is made available to the intended users.

A prospective financial information prepared on the basis of hypothetical assumptions

Required knowledge of entity in a review engagement

The usual procedures in a review engagement are

The standards used in an audit engagement

Name the three parties in an assurance engagement

Identify 3 of the elements in an assurance engagement

Assurance procedures are done with the objective to draw conclusion from the evidence obtained as the basis for the expression of an appropriate conclusion.

Identify 3 examples of subject matters in assurance engagements

Required knowledge of entity in an AUP engagement

Performed to obtain limited assurance on the financial statements

The reporting responsibility of a CPA in a compilation engagement is to