[Anonymous]

I have my CPA license, and work for a firm that does audits for the government. Recently, I was asked to do a private look-over (this would be on the side) of an organizations financial’s in quickbooks — not an actual “audit”, but what would probably qualify as “agreed-upon procedures”, but very small scale, to give a level of independent assurance that they are doing things soundly.

My question is, and it may sound dumb but, does the CPA license allow me to do such a thing? Am I qualified/allowed by license to look someone’s financials over and write them a letter of assurance just privately using my name and my title? I’ve never done it before so I just want to make sure there are no ethics issues or other concerns I should have. Please, any advice is welcome.

Thanks!

[Anonymous]

Also, I'm already aware of the fact that I should (and will) ask my firm about it before taking it on independently. Assume that the firm will have no problem with me doing it independently when you respond 🙂

[Anonymous]

Also, I'm already aware of the fact that I should (and will) ask my firm about it before taking it on independently. Assume that the firm will have no problem with me doing it independently when you respond 🙂

[Anonymous]

I'll take it as no one has an answer to this?

[Anonymous]

I'll take it as no one has an answer to this?

[Quinacridone]

I wish I could help – very curious about the answer. I work for the government as an auditor and once a year, we are asked to audit the financials of one of the affiliated professional groups. I had to do it last year, but I did not issue the letter, nor did my name appear anywhere on it as the reviewer (I'm not a CPA…yet).

REG - Nov 4, 2013: 88
FAR - Feb 27, 2014: 86
AUD - April 5, 2014: 91
BEC - May 6, 2014: 83

Florida CPA 24 July 2014
(Done in seven months - thank you Jesus!!)

[Quinacridone]

I wish I could help – very curious about the answer. I work for the government as an auditor and once a year, we are asked to audit the financials of one of the affiliated professional groups. I had to do it last year, but I did not issue the letter, nor did my name appear anywhere on it as the reviewer (I'm not a CPA…yet).

REG - Nov 4, 2013: 88
FAR - Feb 27, 2014: 86
AUD - April 5, 2014: 91
BEC - May 6, 2014: 83

Florida CPA 24 July 2014
(Done in seven months - thank you Jesus!!)

[Author]

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