Definitions (2)
2. Accounting: Financial data analysis that provides less assurance than a full audit, but more than a compilation (which provides no assurance). In a review, an auditor expresses limited assurance that the firm's financial statements do not require any material modification for them to be in conformity with the provisions GAAP.
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Your Credit Rating and Financing a Startup
If you're starting a business and will need financing, keep your own credit record in good shape. If you apply for a business loan, the lender will likely review the personal financial statements of t ... Read more
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