Financial statements prepared by an accountant based on the amounts provided by a client.
The accountant does not review or audit the amounts provided and therefore does not provide
any assurances regarding the validity of the amounts.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.