Professional accountant's report - Legal lexicon
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Legal lexicon > Professional accountant's report

Professional accountant's report

The annual financial statements of a corporation are usually accompanied by one of the following statements:

1) Independent Auditor's Report (formerly the Auditor's Report)

2) Review engagement report

3) Notice to reader

For the first two statements, the accountant must wear the title of auditor, while it is not mandatory for the third statement.

It should be noted that some laws still refers to the auditor or the auditor's report, rather than the new terminology.

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