In financial review an accountant will be required to provide statements that form basic part of a reasonable limited assurance. A review is prepared and the clear entities presented to the management of the organization. Accountants should clearly understand these entity before presentation. Furthermore a review is emphasized on key issues; past audited reports, journals or entries done before, any issue that might have arose on previous audit , e.t.c. finally, financial review provide limited assurance of any material modification in the entries in financial. statement. Accountant does not access risks or other internal control factors.
May 29th, 2015
Did you know? You can earn $20 for every friend you invite to Studypool!