Accountant Review and Compilation Report
"Accountants use Review and Compilation reports as a means of validating processes along with company-specific and financial data. This report encompasses analytical procedures, as applied to financial data prepared by management, and additionally includes company-specific processes and inquiries regarding policies, procedures and personnel. Both the review and compilation reports are usually preceded by a summary statement from the accountant addressed to the shareholders, board of directors or trustees. This document should be used when a company engages an accountant to prepare or review the company's financial statements.
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