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APPROVALchREQUEST FORGETTING DATECOUNCIL ACTION Dec 17, 2019City of Franklin Audit Agreement between Baker
Tilly LLP and the City of Franklin for audit of the
2019 annual financial statementsITEM
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What is financial statement audit?
A financial statement audit is an examination of an organization's financial statements and accompanying disclosures by an independent auditor.
Who is required to file financial statement audit?
Public companies, certain private companies, and non-profit organizations are typically required to file financial statement audits.
How to fill out financial statement audit?
To fill out a financial statement audit, the organization must provide the auditor with relevant financial information, documents, and disclosures for examination.
What is the purpose of financial statement audit?
The purpose of a financial statement audit is to provide assurance that an organization's financial statements are accurate and reliable.
What information must be reported on financial statement audit?
A financial statement audit must include a report on the organization's financial position, results of operations, and cash flows.
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