Feller, the sole owner of a small hardware business, has been told that the business...
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Accounting
Feller, the sole owner of a small hardware business, has been told that the business should have its f nancial statements audited by an independent CPA. Feller, having some bookkeeping experience, has personally prepared the companys f nancial statements and does not understand why such statements should be audited by a CPA. Feller discussed the matter with Farber, a CPA, and asked Farber to explain why an audit is considered important.
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You can see the logs in the Dashboard.