1. CPAs are often engaged to perform services other than audit services. Discuss the following services provided by CPAs.
a CPAs often provide review services to clients. Discuss the typical procedures the CPA should perform based on professional standards when providing review services.
b CPAs will also report on the internal control structure of a client. Discuss the items that should be contained in the report that the CPA issues upon completion of an examination of an internal control structure.
2. "The accumulation and evaluation of evidence about information to determine and report on the degree of correspondence between the information and established criteria by a competent, independent person" is a definition of
A. analytical procedures.
B. tests of transactions.
C. tests of balances.
D. auditing.