Câu 193: AUD: CPA Auditing and Attestation Exam

When providing limited assurance that the financial statements of a nonissuer require no material modifications to be in accordance with generally accepted accounting principles, the accountant should:

1. A. Assess the risk that a material misstatement could occur in a financial statement assertion.
2. B. Confirm with the entity's lawyer that material loss contingencies are disclosed.
3. C. Understand the accounting principles of the industry in which the entity operates. — đáp án hiện tại
4. D. Develop audit programs to determine whether the entity's financial statements are fairly presented.