In which of the following circumstances is a public accountant 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

A public accountant is considered associated with a company's financial information if the financial statements are reproduced on the accountant's letterhead, implying endorsement or involvement in their preparation or review.

In Which of the Following Circumstances Is a Public Accountant