Compiled vs. Certified Financial Statements: Key Differences Explained

Discover the key differences between compiled and certified financial statements, including auditing, reliability, and ...
JournalofAccountancy

Amendment clarifies CPAs’ financial statement preparation engagements

The AICPA Accounting and Review Services Committee (ARSC) voted Wednesday to issue an amendment clarifying that a CPA preparing financial statements as part of a consulting services engagement ...
JournalofAccountancy

Clarification proposed for CPAs’ financial statement preparation engagements

The AICPA Accounting and Review Services Committee (ARSC) voted Thursday to expose for public comment a proposed revision that would “make explicit” that a CPA preparing financial statements as a ...
Forbes

Three Financial Statements That Every Business Owner Needs To Understand

Income statements, balance sheets and cash flow statements. If you're running a business, you probably have some knowledge of basic financial statements and how to use them. But do you know why ...