


Understanding the intended users of financial statements prepared under a special purpose framework Performing a review of condensed financial statements or summary financial information
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Find similar items here:
what is a review engagement Informational
- International Standards on Review Engagements (ISREs) What are the benefits of a having a review engagement performed?
- Sampling in a review engagement (less extensive than audit) Using the work of an expert in a review engagement
- Understanding the auditor's responsibilities regarding litigation and claims in a review engagement Performing a review of related party relationships and transactions (beyond standard procedures)
- Performing independence checks before accepting and throughout the engagement
- Documenting all significant aspects of the engagement to support the conclusions reached Following the firm's policies and procedures for risk management
- Considering the potential for fraud or abuse in related party transactions
- Establishing communication protocols with the client
- Considering litigation and claims in a review engagement Reviewing minutes of meetings of shareholders and the board of directors
- Assessing the impact of service organization controls on the user entity's financial statements
- Maintaining client confidentiality at all times Protecting the security and privacy of client data
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