When accountants are not independent,which of the following reports can nevertheless be issued?
A) Compilation report.
B) Standard unqualified audit report.
C) Examination report on a forecast.
D) Examination of internal control over financial reporting.

Question

Quizplus · Accepted Answer

A compilation report can be issued without requiring independence. However, other reports such as a standard unqualified audit report, examination report on a forecast, and examination of internal control over financial reporting would require independence.

When Accountants Are Not Independent,which of the Following Reports Can