Standards for Consulting Services

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  • #192403
    Anonymous
    Inactive

    Nile, CPA, on completing an audit, was asked by the client to provide technical assistance in implementing a new EDP system. The set of pronouncements designed to guide Nile in this engagement is the Statement(s) on

    a. Quality Control Standards

    b. Auditing Standards

    c. Standards for Accountants EDP Services

    d. Standards for Consulting Services

    d. EDP system implementation services are a category of consulting services.


    I understand that this deals with consulting, but since Nile is auditing this client, wouldn’t the Auditing Standards be equally applicable?

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  • #649185
    taxgeek83
    Participant

    The Auditing Standards would be applicable insofar as the audit engagement goes. The question states that the audit engagement has been completed though, and the client has then asked for consulting services. Therefore, D is the best answer.

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