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A cpa firm does not guarantee the financial soundness of a

Question: A CPA firm does not guarantee the financial soundness of a client when it renders an opinion on financial statements, nor does the CPA firm guarantee the absolute accuracy of the statements. Yet the CPA firm's opinion is respected and accepted. What is expected of the CPA firm in order to merit such confidence?

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Accounting Basics: A cpa firm does not guarantee the financial soundness of a

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