Preparation Engagements Flashcards Preview

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Flashcards in Preparation Engagements Deck (5)
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1

Preparation Engagements: Assurance Provided?

No assurance

2

What should be included on each page

1) disclaimer no assurance provided on F/S
or
2) Perform a compilation engagement

3

Non attest Engagement

Preparation

4

Understanding of the job

Must be done with management

5

What should be included in the preparation documentation?

THe engagement letter