Consulting or Agreed Upon Procedures (AUP) Engagement?
Through the years I have often been asked “should this be an agreed upon procedures (AUP) engagement or a consulting engagement?” (This usually happens just after a client says “I don’t need an audit;...
View ArticleCPA Comfort Letters to Mortgage Companies
Have you ever had a bank or mortgage company ask you for a “comfort letter” to verify a client’s income? Responding to such a request can create unknown risks for the CPA. Today the LinkedIn AICPA...
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