When a member performs non-attest services for an attest client, management is required to designate an individual to oversee those services.
Which choice best describes the qualities that are required of that person under AICPA rules?

a. He or she must possess the same level of expertise as the CPA.
b. He or she must be able to perform the services himself or herself.
c. He or she must have suitable skill, knowledge, and/or experience.
d. He or she must be able to supervise the CPA in the day-to-day rendering of the services.

Question

11-12-2019
Business

contestada

When a member performs non-attest services for an attest client, management is required to designate an individual to oversee those services.
Which choice best describes the qualities that are required of that person under AICPA rules?

a. He or she must possess the same level of expertise as the CPA.
b. He or she must be able to perform the services himself or herself.
c. He or she must have suitable skill, knowledge, and/or experience.
d. He or she must be able to supervise the CPA in the day-to-day rendering of the services.

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agustinsr99 agustinsr99 · Answer 1 · 2019-12-11T13:41:31+01:00

Answer: The correct answer is "c. He or she must have suitable skill, knowledge, and/or experience.".

Explanation: The option that best decribes the quealities that are required of that person under AICPA rules, is the option c. He or she must have suitable skill, knowledge, and/or experience.

It is required that the person who is going to perform this task has full knowledge of the nature of the business, the operation of the industry and general business experience.