[philb]

Which of the following is an attestation engagement?

A Management advisory service.

B Tax return preparation.

C Compilation of the financial statements.

D Examination of prospective financial information.

Correct answer is D.

In an attest engagement, a practitioner issuers a written communication that expresses a conclusion about the reliability of a written assertion that is the responsibility of another party. Hence, the examination of prospective financial information, which requires the issuance of an examination report, is an attestation engagement.

I thought compilations were attest?

[Anonymous]

Compilations of prospective financial statements are an attest engagement. But other compilations are covered under SSARS not SSAEs.

[Author]

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