In which of the following circumstances is a public accountant (PA)considered associated with a company's financial information?
A)The PA is a former employee of the company and prepared the statements.
B)Financial statements are reproduced on the PA's letterhead.
C)The PA is engaged by the company's auditors to do limited procedures in a remote location.
D)The PA is married to the company's Chief Financial Officer.

Question

Quizplus · Accepted Answer

When financial statements are reproduced on the PA's letterhead, it implies endorsement or association with the financial information.

In Which of the Following Circumstances Is a Public Accountant