Question

For each client request, identify the type of service, if any, that would best (most efficiently, most cost effectively) meet the clients needs (Choices are: Audit, Agreed-upon Procedure, Review, Compilation, Projection, Forecast, Pro Forma, None]) A potential investor has asked the company to provide absolute, independent assurance that the revenues reported on the most recent Projection financial statements represent Agreed-upon Procedure the income earned during the period [遡泽] [选择] Review Compilation Pro Forma None Audit A public company needs year end financial statements to send to the SEC. Forecast

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Answer :-

A potential investor has asked the company to provide absolute, independent assurance that the revenues reported on the most recent financial statements represent the income earned during the period :-

Projection :-

  • By and large projections are given amid the center of the year with respect to execution of organization on an estimation .
  • A potential speculator has requested that the organization give supreme , autonomous affirmation that the income wrote about the latest fiscal summaries speak to the pay earned amid the period .
  • For the most part not just speculators , banks, loan bosses and so forth may likewise ask them.

A public company needs year end financial statements to send to the SEC :-

None : -

An open organization needs year end budget summaries to send to the SEC it is commonly a " Reporting Requirement " .

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