The level of assurance that is provided by the public accountant on a compilation report is

Name: The level of assurance that is provided by the public accountant on a compilation report is
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A compilation report provides no assurance from the public accountant. It is essentially a presentation of financial statements based on information provided by management, without the accountant performing any procedures to verify the accuracy of the information.

The Level of Assurance That Is Provided by the Public