With all of the mortgage refinance activity of the past year, I have received numerous calls from mortgage lenders requesting letters attesting to
my tax clients' past and future income.
An affidavit attesting to
conditions that exist or do not exist can be rebutted within 30 days by either party.
In an attest engagement, the practitioner is attesting to
, or providing assurance on, subject matter that is the responsibility of another party.
Independence has long been the bedrock of the accounting profession and is a critical prerequisite for attesting to
the fair presentation of financial information.
The 1979 SEC rule proposal, Statement of Management on Internal Accounting Control, would have increased management's reporting responsibility and required auditors to expand their oversight roles by attesting to