Page 592 - Auditing Standards

As of December 15, 2017
[City and State or Country]

[Date]

.39 An accountant may be engaged to report on a review of comparative interim financial information. The
following is an example of a review report on a condensed balance sheet as of March 31, 20X1, the related

condensed statements of income and cash flows for the three-month periods ended March 31, 20X1 and
20X0, and a condensed balance sheet derived from audited financial statements as of December 31, 20X0,
that were included in Form 10-Q. 27

Report of Independent Registered Public Accounting Firm

To the shareholders and the board of directors of ABC Company

Results of Review of Interim [Financial Information or Statements]

We have reviewed the condensed consolidated balance sheet of ABC Company (the "Company") and

subsidiaries as of March 31, 20X1, and the related condensed consolidated statements of income and
cash flows for the three-month periods ended March 31, 20X1 and 20X0, and the related notes [and
schedules] (collectively referred to as the "interim financial information or statements"). Based on our
reviews, we are not aware of any material modifications that should be made to the condensed financial

statements referred to above for them to be in conformity with accounting principles generally accepted in
the United States of America.

We have previously audited, in accordance with the standards of the Public Company Accounting
Oversight Board (United States) ("PCAOB"), the consolidated balance sheet of the Company and
subsidiaries as of December 31, 20X0, and the related consolidated statements of income, retained
earnings, and cash flows for the year then ended (not presented herein); and in our report dated February

15, 20X1, we expressed an unqualified opinion on those consolidated financial statements. In our opinion,
the information set forth in the accompanying condensed consolidated balance sheet as of December 31,

20X0, is fairly stated, in all material respects, in relation to the consolidated balance sheet from which it
has been derived. 28

Basis for Review Results

589