Practitioner independence

Party agreement

Sufficient procedures

All of the answer choices are correct

All shareholders of record as of the report date

A bank with which the entity is negotiating for a loan

Potential shareholders who request a prospectus or a registration statement

All employees who work for the entity

Indicate the auditor is independent

Include an appropriate address

Include the identification of the engaging party

All of the answer choices are correct

Comply with GAAP

Comply with SEC Regulations

Comply with government regulations

Meet the intended purpose of the engagement

Perform the terms as to their oral agreement

Do not perform the agreed-upon terms unless they secure payment

Withdraw from the engagement

Alert regulatory authorities of the departure

The prospective financial statements are also examined

Negative assurance is expressed on the prospective financial statements taken as a whole

Use of the report is restricted to the specified parties

Responsibility for the adequacy of the procedures performed is taken by the accountant