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FINANCIAL STATEMENTS REGULATORY BASIS AND REPORTS OF INDEPENDENT AUDITOR MARSHALL INDEPENDENT SCHOOL DISTRICT NO. 129, OSAGE COUNTY, OKLAHOMAN 30, 2023Audited by BLED SOE, HEWITT & FULLERTON CERTIFIED
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Independent auditors' reports are formal documents that provide an opinion on the accuracy and fairness of a company's financial statements, ensuring they are presented in accordance with the applicable accounting standards.
Companies that are publicly traded, as well as some private companies and non-profits that meet certain criteria, are required to file independent auditors' reports as part of their financial reporting obligations.
Independent auditors' reports should include a title, an opinion on the financial statements, a basis for that opinion, a description of the auditor's responsibilities, and a reference to the applicable accounting framework.
The purpose of independent auditors' reports is to provide stakeholders with assurance that the financial statements of an organization are free from material misstatements, enhancing the credibility of the financial information provided.
Independent auditors' reports must include the auditor's opinion, the basis for that opinion, the responsibilities of the auditor and management, and any significant points related to the auditing process or findings.
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