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Management representation letter definition

Accounting Tools

Related Courses How to Conduct a Review Engagement How to Conduct an Audit Engagement What is a Management Representation Letter? A management representation letter is a form letter written by a company's external auditors , which is signed by senior company management.

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Engagement letter definition

Accounting Tools

What is an Engagement Letter? An engagement letter is an agreement for a services firm to provide services to a client. The letter is essentially an abbreviated contract that defines the services to be performed and the amount of compensation to be paid. When is an Engagement Letter Legally Binding?

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Management assertions in auditing

Accounting Tools

Related Courses How to Audit Cash How to Audit Fixed Assets How to Audit Inventory How to Audit Receivables How to Conduct an Audit Engagement What are Management Assertions? Management assertions are claims made by members of management regarding certain aspects of a business.

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Attorney's letter definition

Accounting Tools

Related Courses How to Conduct an Audit Engagement What is an Attorney’s Letter? An attorney’s letter is issued by a CPA to the attorney of a client, requesting verification of pending litigation information provided by the client to the CPA.

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Audit documentation definition

Accounting Tools

Related Articles Audit Trail Audit Working Papers Lead Schedule Permanent File Supporting Schedule Work Papers Terms Similar to Audit Documentation Audit documentation is also referred to as audit working papers.

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How to Package Your Bookkeeping Services [6 Simple Steps]

Jetpack Workflow

With uniform service packages, you can keep your workload relatively consistent and manageable no matter what client you’re working on. Use your client groupings and billable hour calculations to develop packages your team can manage that cater to these differing segments. Why Package Your Bookkeeping Services?

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How to Package Your Bookkeeping Services [6 Simple Steps]

Jetpack Workflow

With uniform service packages, you can keep your workload relatively consistent and manageable no matter what client you’re working on. Use your client groupings and billable hour calculations to develop packages your team can manage that cater to these differing segments. Why Package Your Bookkeeping Services?