An attestation engagement is one in which a CPA is engaged
to:
Multiple Choice
-
provide tax advice or prepare a tax return based on financial
information the CPA has not audited or reviewed. -
testify as an expert witness in accounting, auditing or tax
matters, given certain stipulated facts. -
issue, or does issue, a report on subject matter or an assertion
about the subject matter that is the responsibility of another
party. -
assemble prospective financial statements based on the
assumptions of the entity’s management without expressing any
assurance.
Answer
An attestation engagement is one in which a CPA is engaged to issue, or does issue, a report on subject matter or an assertion about the subject matter that is the responsibility of another party. |
Attestation Standard AT 101, An attestation engagement is one under which CPA issue, or does issue an examination report on subject matter or an assertion that is the responsibility of another party. |
Option c is correct |