In the U.S., the AICPA has developed specific standards for assurance engagements in all but which of the following areas?
A) Prospective financial statements.
B) Compliance with laws and regulations.
C) Pro forma financial information.
D) Standards have been developed for all of the above.

Question

Quizplus · Accepted Answer

The AICPA has indeed developed specific standards for assurance engagements in all the areas listed, including prospective financial statements, compliance with laws and regulations, and pro forma financial information.

In the US, the AICPA Has Developed Specific Standards for Assurance Engagements