2016年美國CPA模擬試題：Auditing2

　　An accountant has compiled the financial statements of a nonissuer but declines to issue a compilation report. This is an example of：

　　a. An appropriate reporting decision， as long as the financial statements are prepared in conformity with GAAP.

　　b. An appropriate reporting decision， if the compiled financial statements are not expected to be used by a third party.

　　c. An inappropriate reporting decision， because SSARS require that a report be issued when an accountant has compiled financial statements.

　　d. An appropriate reporting decision， if the accountant is not independent with respect to the nonpublic entity.

　　答案：C

　　Explanation

　　Choice “c” is correct. SSARS requires compiled financial statements to be accompanied by a compilation report.

　　Choice “d” is incorrect. SSARS requires compiled financial statements to be accompanied by a compilation report. Note that an accountant who lacks independence is still permitted to compile financial statements of a nonissuer entity as long as lack of independence is disclosed.

　　Choice “b” is incorrect. SSARS requires compiled financial statements to be accompanied by a compilation report even if the financial statements are not expected to be used by a third party.

　　Choice “a” is incorrect. SSARS requires compiled financial statements to be accompanied by a compilation report. Compiled financial statements may be prepared using a framework other than GAAP， such as a special purpose framework or IFRS.