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seropon [69]
1 year ago
6

When a cpa examines a client's projected financial statements the cpa's report should:________.

Business
1 answer:
8090 [49]1 year ago
3 0

The CPA or Certified Public Accountant's report should <u>state that the CPA performed procedures to evaluate management assumptions</u> when they examine a client's projected financial statements.

CPAs are public accountants who are licensed to practice their profession publicly and must always comply with the government's taxation practices and provisions of Statements on Standards for Accounting and Review Services.

Take note, CPA report doesn't refer to the their auditor's report on the historical financial statements. The report cannot also explain the principal differences between the historical statements and the projected financial statements.

Additionally, a CPA's report must not include the their opinion on the client's ability to continue as a going concern.

Curious about Code of Ethics for CPAs? Read here: brainly.com/question/28198157

#SPJ4

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