Câu 203: AUD: CPA Auditing and Attestation Exam

Which of the following statements should be included in an accountant's standard report based on the compilation of a nonissuer's financial statements?

1. A. A compilation consists principally of inquiries of company personnel and analytical procedures applied to financial data.
2. B. A compilation is limited to presenting in the form of financial statements information that is the representation of management. — đáp án hiện tại
3. C. A compilation is not designed to detect material modifications that should be made to the financial statements.
4. D. A compilation is substantially less in scope than an audit in accordance with generally accepted auditing standards.