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Kaplan University Financial Statement Discussion

by | Aug 31, 2021 | BUSINESS FINANCE,KAPLAN UNIVERSITY | 0 comments

by | Aug 31, 2021 | BUSINESS FINANCE,KAPLAN UNIVERSITY | 0 comments

Kaplan University Financial Statement Discussion

Kaplan University Financial Statement Discussion
Question Description
Financial Statement Reviews
Thereare a variety of non-audit services that CPAs perform for companies.Understanding what these services entail helps to ensure you are incompliance for any type of client engagement.
MelissaO’Neil, CPA, has been engaged by a non-public company, Caldwell, Inc.,to review the financial statements of the most recently completed fiscalyear.
What sources should O’Neil consult in order to prepare for this review?
What are the required procedures that O’Neil must perform?
What information should the review report contain?
What should O’Neil do if she finds there was a material departure from GAAP?
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