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May 27, 2008
カテゴリ： ハワイのＣＰＡ受験
Public client: SAS’s Interim financial statement only
Client representation letter
Use inquiries and analytic: less in scope than audit
GAAP problem
Accountant must be independent
Limited assurance: “Based on our review, we are not aware of any material modifications that should be made….”
Private client: SSARS
Internal control evaluation: not required
Use inquiries and analytic
Client representation letter
Accountant must be independent
Limited assurance: “Based on our review, we are not aware of any material modifications that should be made….”
Each page of the financial statements: “See accountant’s review report”
We have reviewed the accompanying balance sheet of A company as of Dec 31, 2007, and the related statements of income, owner’s equity, and cash flows for the year then ended, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. All information included in these financial statements is the representation of the management of A company.
A review consists principally of inquiries of company personnel and analytical procedures applied to financial data. It is substantially less in scope than an audit in accordance with generally accepted auditing standards, the objective of which is the expression of an opinion regarding the financial statements taken as a whole. Accordingly, we do not express such an opinion .
Based on our review, we are not aware of any material modifications that should be made to the accompanying financial statements in order for them to be in conformity with generally accepted accounting principles.
Client representation letter
Use inquiries and analytic: less in scope than audit
GAAP problem
Accountant must be independent
Limited assurance: “Based on our review, we are not aware of any material modifications that should be made….”
Private client: SSARS
Internal control evaluation: not required
Use inquiries and analytic
Client representation letter
Accountant must be independent
Limited assurance: “Based on our review, we are not aware of any material modifications that should be made….”
Each page of the financial statements: “See accountant’s review report”
We have reviewed the accompanying balance sheet of A company as of Dec 31, 2007, and the related statements of income, owner’s equity, and cash flows for the year then ended, in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. All information included in these financial statements is the representation of the management of A company.
A review consists principally of inquiries of company personnel and analytical procedures applied to financial data. It is substantially less in scope than an audit in accordance with generally accepted auditing standards, the objective of which is the expression of an opinion regarding the financial statements taken as a whole. Accordingly, we do not express such an opinion .
Based on our review, we are not aware of any material modifications that should be made to the accompanying financial statements in order for them to be in conformity with generally accepted accounting principles.
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Last updated
May 27, 2008 05:25:12 AM
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