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Accountant-Client Privilege
A legal privilege that works to keep confidential communications between an accountant and their client protected from disclosure, similar to attorney-client privilege.
Statutory Law
Law enacted by a legislative body, such as Parliament or Congress, distinct from case law or common law.
Common Law
A body of law developed through court decisions and case law, rather than through legislative statutes or executive action.
Unaudited Financial Statements
Financial reports not examined and verified by an independent third party (an auditor).
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