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ILLINOIS STATE BOARD OF EDUCATION School Business Services Division 100 North First Street, Springfield, Illinois 62777-0001 217/785-8779 Due to ROE on October 15th Due to ISBN on November 15th SD/JA13
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How to fill out the name of auditing firm:

01
Start by writing the full legal name of the auditing firm. This includes any suffixes or abbreviations that are part of the official name.
02
If the auditing firm has a DBA (doing business as) name, include it in parentheses after the legal name. For example, "XYZ Auditing Firm (DBA: ABC Auditors)".
03
If the auditing firm is part of a larger organization or network, indicate the affiliation or parent company, if applicable.
04
Include the address of the auditing firm. This should include the street address, city, state, and postal code.
05
Provide the contact information for the auditing firm, such as phone number and email address.
06
If applicable, mention any certifications or accreditations held by the auditing firm, such as being a member of a professional auditing association.
07
It is important to ensure that the name of the auditing firm is accurately represented and consistent with any official documentation or branding materials.

Who needs the name of auditing firm:

01
Businesses or organizations that are required to undergo an audit for financial or regulatory purposes often need to provide the name of the auditing firm.
02
Investors or potential investors may require the name of the auditing firm to assess the credibility and reliability of the financial statements or reports.
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Government agencies or regulatory bodies may request the name of the auditing firm for compliance and oversight purposes.
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Banks or financial institutions may ask for the name of the auditing firm as part of their due diligence process before granting loans or extending credit.
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Internal stakeholders, such as company management or board members, may need the name of the auditing firm to track the progress and outcomes of the audit.
06
Audit committees or external auditors may also require the name of the auditing firm to ensure independence and objectivity in the auditing process.
07
Professional service providers, such as lawyers or consultants, may ask for the name of the auditing firm to collaborate or coordinate on matters related to financial reporting or compliance.
Keeping accurate and up-to-date information regarding the name of the auditing firm is essential for regulatory compliance, financial transparency, and maintaining stakeholder trust.
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The name of the auditing firm is the registered name of the professional firm conducting the audit.
The entity being audited is required to disclose the name of the auditing firm.
The name of the auditing firm should be accurately filled out in the appropriate section of the audit report form.
The purpose of disclosing the name of the auditing firm is to provide transparency and accountability in the auditing process.
The name of the auditing firm and any relevant details such as location or contact information may need to be reported.
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