In performing an attestation engagement, a CPA typically:
A)supplies litigation support services.
B)assesses control risk at a low level.
C)expresses a conclusion about an assertion.
D)provides management consulting advice.

Question

Quizplus · Accepted Answer

In an attestation engagement, a CPA expresses a conclusion about an assertion made by a management team, which is usually about the reliability or fairness of financial statements, effectiveness of internal controls, or compliance with laws and regulations. This is the primary objective of an attestation engagement, and the CPA is responsible for providing an opinion, either positive or negative, based on the evidence gathered during the engagement. Therefore, choice C is the correct option. Choices A, B, and D are irrelevant to attestation engagements and represent other areas of CPA practice.

In Performing an Attestation Engagement, a CPA Typically