prawnilliterate

21.10.2021

An audit reflects the financial position of a company at a given date, including information about whether the balance sheet correctly reflects everything that the company owns and owes, and whether its losses and profits are correctly estimated. The financial report must be prepared in accordance with certain legal requirements. When the report is being prepared, it must be approved by the management of the company (for example, the Board of Directors), making an assessment of its reliability. http://www.confiduss.com/en/info/blog/ar...ting-standards/

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