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Author Question: One of the bases other than GAAP or IFRS is the Financial reporting framework for small- and ... (Read 40 times)

Lin Shi

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on: Aug 21, 2022

Question 1

Clients occasionally enter into loan agreements that require them to provide the ________ with a report from a CPA about the existence or nonexistence of some condition.
◦ underwriters of securities
◦ audit committee
◦ lender
◦ Securities and Exchange Commission

Question 2

One of the bases other than GAAP or IFRS is the Financial reporting framework for small- and medium-sized businesses. This basis
◦ has not yet been approved by the AICPA.
◦ is the same as the income tax basis.
◦ draws upon a blend of traditional accounting principles and accrual income tax methods of accounting.
◦ must be used by a business with sales under $1 million.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Lin Shi on Aug 21, 2022

queenBea90

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Lin Shi

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

isabelt_18

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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