What Comprises of Financial Statement Audit Report?
Billah and Associates
JANUARY 25, 2018
The purpose of a financial statement audit is to determine the fairness of an entity’s financial statements according to the GAAP (Generally Accepted Accounting Principles), by an independent auditor. Fairness here can be broken down as the financials being presented are correct and in the proper formats/methods. A Financial statement audit report simply is the document, with which the auditor or the accounting audit service presents their findings in a standardized manner.
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