2026 Professional Ethics for Louisiana CPAs in NonPublic Practice (Answer)

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Discussion Question #16

Which of the following types of communication by a CPA in business and industry is not permissible?

a. A cover letter to a regulatory authority that the accompanying financial statements are in accordance with the Financial Reporting Framework for SMEs.
b. The CPA signing a form that the financial information included in the form is accurate and true to the best of their knowledge
c. A compilation report under SSARS on the supplementary information included in the financial statements of the employer of the CPA <– Correct Answer
d. Responses to inquiries in a SSARS review engagement

Watch the video below to see an explanation for the answer.