Examlex
Which list below best describes the major services performed by public accountants?
Audit Committee
A subset of a company's board of directors responsible for oversight of the financial reporting and disclosure process.
Financial Statements
Formal records of the financial activities and position of a business, individual, or other entity, typically including balance sheet, income statement, and cash flow statement.
Financial Reporting
Financial reporting involves the disclosure of financial results and related information to management and external stakeholders.
Auditing Standards
The guidelines and rules that auditors follow when conducting financial audits to ensure fairness, accuracy, and consistency.
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