Page 590 - Auditing Standards

As of December 15, 2017
Form of Accountant's Review Report

.37 The accountant's review report accompanying interim financial information must include the title,
"Report of Independent Registered Public Accounting Firm."

.37A If the accountant's review report is included in a filing with the SEC or another regulatory agency, the
report must be addressed to the shareholders and the board of directors, or equivalents for companies not
organized as corporations. The accountant's review report may include additional addressees.

.37B The first section of the accountant's review report must include the section title "Results of Review of
Interim Financial Information" and the following elements:

a. The name of the company whose interim financial information was reviewed.

b. A statement that the interim financial information identified in the report was reviewed.

c. A statement about whether the accountant is aware of any material modifications that should be
made to the accompanying interim financial information for it to conform with generally accepted
accounting principles. The statement should include an identification of the country of origin of those

accounting principles (for example, accounting principles generally accepted in the United States of
America or U.S. generally accepted accounting principles).

.37C The second section of the accountant's review report must include the section title "Basis for Review

Results" and the following elements:

a. A statement that the interim financial information is the responsibility of the entity's management.

b. A statement that the review of interim financial information was conducted in accordance with the
standards of the PCAOB.

c. A description of the procedures for a review of interim financial information.

d. A statement that a review of interim financial information is substantially less in scope than an audit
conducted in accordance with the standards of the PCAOB, the objective of which is an expression

of an opinion regarding the financial statements taken as a whole, and accordingly, no such opinion
is expressed.

e. A statement that the auditor is a public accounting firm registered with the PCAOB (United States)

and is required to be independent with respect to the company in accordance with the U.S. federal
securities laws and the applicable rules and regulations of the SEC and the PCAOB.

.37D The accountant's review report must include the following elements:

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