Choice "A" is correct. An accountant may submit a written personal financial plan containing unaudited personal financial statements to a client without complying with requirements of SSARS when both of the following conditions exist:

1. The accountant establishes an understanding with the client that the financial statements will be used solely to assist the client in developing a financial plan and will not be used to obtain credit, and

2. Nothing comes to the accountant's attention during the engagement indicating that the financial statements will be used to obtain credit.
   

Choice "d" is incorrect. Comparative balance sheets may be presented.
Choice "c" is incorrect. It does not matter whether the omitted disclosures required by GAAP are material.
Choice "b" is incorrect. The client is not required to agree that the financial statements will not be disclosed to a non-CPA financial planner.