Review Engagements: Unusual (But Not Uncommon) Reporting Situations

Not uncommonly, accountants are asked by clients to issue review reports on financial statements under atypical circumstances, rather than issuing a standard review report covering a complete set of single-year or comparative financial statements. The CPEA frequently advises our members, through our technical inquiry service, on these reporting issues. This report outlines several of the most prevalent reporting situations that members may encounter.