AICPA - Lesson 8 questions n answers
rated A+ 2025/2026
attest services - correct answer ✔✔services where a CPA expresses a conclusion/opinion
regarding the reliability of the subject matter
non-attest services - correct answer ✔✔services provided to a client where you're not
expressing some sort of opinion
example of attest services - correct answer ✔✔financial statement audit or financial statement
review
example of non-attest services - correct answer ✔✔financial statement preparation, consulting,
cash to accrual conversions, reconciliations, and tax return preparation
performing non-attest services for an attest client may raise - correct answer ✔✔self-review,
management participation, or advocacy threats to independence
AICPA code lays out general and specific requirements to ensure threats are at an - correct
answer ✔✔acceptable level and do not impair independence
first, to avoid any misunderstanding between the member and the client, members should
establish and - correct answer ✔✔document in writing (through a memo or engagement letter)
a clear understanding regarding the nature of the non-attest service
responsibilities when performing non-attest services for attest clients - correct answer
✔✔document should establish understanding regarding:
objectives of the non-attest engagement
, services to be performed
member's responsibilities
client's acceptance of its responsibilities
any limitations of the engagement
client's responsibility when performing non-attest services for attest clients - correct answer
✔✔accepting responsibility for the services
designating an individual with suitable skill, knowledge or experience (senior management) to
oversee services performed
evaluating adequacy and results of services
making management decisions and assuming all management responsibilities
before performing non-attest services you must assess whether the client can meet these
responsibilities - correct answer ✔✔if the client won't assume these responsibilities,
independence is impaired. if the client doesn't designate someone who can adequately oversee
the services, independence is impaired
T/F: it's our job to make sure the client understands their responsibilities well enough that he
can actually carry them out - correct answer ✔✔true
there are no hard and fast rules on who should be the designated individual at the client to
oversee non-attest services, but consider the following factors to determine if he/she is suitable
- correct answer ✔✔understanding of the nature of the service
knowledge of the client's business
knowledge of the client's industry
general business knowledge
rated A+ 2025/2026
attest services - correct answer ✔✔services where a CPA expresses a conclusion/opinion
regarding the reliability of the subject matter
non-attest services - correct answer ✔✔services provided to a client where you're not
expressing some sort of opinion
example of attest services - correct answer ✔✔financial statement audit or financial statement
review
example of non-attest services - correct answer ✔✔financial statement preparation, consulting,
cash to accrual conversions, reconciliations, and tax return preparation
performing non-attest services for an attest client may raise - correct answer ✔✔self-review,
management participation, or advocacy threats to independence
AICPA code lays out general and specific requirements to ensure threats are at an - correct
answer ✔✔acceptable level and do not impair independence
first, to avoid any misunderstanding between the member and the client, members should
establish and - correct answer ✔✔document in writing (through a memo or engagement letter)
a clear understanding regarding the nature of the non-attest service
responsibilities when performing non-attest services for attest clients - correct answer
✔✔document should establish understanding regarding:
objectives of the non-attest engagement
, services to be performed
member's responsibilities
client's acceptance of its responsibilities
any limitations of the engagement
client's responsibility when performing non-attest services for attest clients - correct answer
✔✔accepting responsibility for the services
designating an individual with suitable skill, knowledge or experience (senior management) to
oversee services performed
evaluating adequacy and results of services
making management decisions and assuming all management responsibilities
before performing non-attest services you must assess whether the client can meet these
responsibilities - correct answer ✔✔if the client won't assume these responsibilities,
independence is impaired. if the client doesn't designate someone who can adequately oversee
the services, independence is impaired
T/F: it's our job to make sure the client understands their responsibilities well enough that he
can actually carry them out - correct answer ✔✔true
there are no hard and fast rules on who should be the designated individual at the client to
oversee non-attest services, but consider the following factors to determine if he/she is suitable
- correct answer ✔✔understanding of the nature of the service
knowledge of the client's business
knowledge of the client's industry
general business knowledge
