Intended to provide creditors, investors, and other outside parties with a high level of comfort on the accuracy of financial statements CPA issues a formal
Intended to provide lenders and other outside parties with a basic level of assurance on the accuracy of financial statements Typically appropriate as a business
Compilation of financial statements is a service where the role of the CPA is more apparent to outside parties, and as such, the requirements for performing this service are more explicit.
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