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skelet666 [1.2K]
2 years ago
10

An accountant agreed to perform a compilation of a company's financial statements under Statements of Standards for Accounting a

nd Review Services (SSARS). During fieldwork, the accountant decided to perform some analytical procedures. Which of the following would the accountant do related to the compilation engagement? A. Issue a review report because review procedures were performed.B. Issue an audit report because audit procedures were performed.C. Withdraw from the engagement because review procedures were performed on a compilation engagement.D. Issue a compilation report even though review procedures were performed on the engagement.
Business
1 answer:
LekaFEV [45]2 years ago
5 0

Answer: The following would the accountant do related to the compilation engagement: <u><em>Issue a compilation report even though review procedures were performed on the engagement.</em></u>

Under Statements of Standards for Accounting and Review Services (SSARS), the accountant decided to perform some analytical procedures.

<u><em>Therefore, the correct option is (d)</em></u>

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