FILL-IN-LINE
- An independent CPA is in public practice and is without___________________ with respect to his/her client.
- The three different kinds of accountant’s reports based on the level of service are __________,____________, and _________________.
- Audits are performed in accordance with_______________________________,which are technical guidelines established by the AICPA.
- The purpose of an audit is to issue financial statements that____________________and are ________________________________________.
- A__________________in an auditor’s report is one that clearly states that the financial statements are presented fairly and in accordance with GAAP’
- In an auditor’s report, a qualified opinion has_____________conditions.
- In an auditor’s report, an____________________________________states that the financial statements do not present fairly and are not in conformity with GAAP.
- In an auditor’s report, a_________________________________states that the auditor is not expressing an opinion because the auditor was unable to conduct an audit sufficient to issue any opinion.
- The purpose of review is the express____________________________________that no material changes are required to the financial statement.
- A review is not designed to express an ___________________________________
- The objective of a compilation is to ______________________________________________________________________________________________________________________________________________________
- A company owning a controlling interest in another company is called a ___________and the controlled company is a ________________________________
- In a parent-subsidiary relationship, the parent must issue_______________________financial statements.
- Consolidated financial statements include the financial results of the_____________and its________________________________,but any_______________________are eliminated.
