Which of the following statements should not be included in an accountant’s standard report based on the compilation of an entity’s financial statements?
- A statement that the compilation was performed in accordance with standards established by the American Institute of CPAs.
- A statement that the accountant has not audited or reviewed the financial statements.
- A statement that the accountant does not express an opinion but expresses only limited assurance on the financial statements.
- A statement that a compilation is limited to presenting, in the form of financial statements, information that is the representation of management.