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2007 Auditor Help Sheet Independent Auditor Statement for Financial Data Auditor's Information Sheet Overview Each transit agency is required to file an Independent Auditor Statement for Financial
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An independent auditor statement is a report issued by an external auditor. It provides an opinion on the fairness and accuracy of a company's financial statements.
Publicly traded companies and certain other organizations, such as non-profit organizations, may be required by law or regulation to file an independent auditor statement.
To fill out an independent auditor statement, the auditor typically examines the company's financial statements, performs various audit procedures, and evaluates the company's internal controls and accounting practices. The auditor then prepares a report expressing their opinion on the financial statements.
The purpose of an independent auditor statement is to provide users of the financial statements, such as investors, lenders, and regulators, with assurance that the financial statements present a true and fair view of the company's financial position and performance.
An independent auditor statement typically includes the auditor's opinion on whether the financial statements are presented fairly, any significant accounting policies, assessments of risk, and any identified material misstatements or issues found during the audit.
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