Congressional Budget Office announced a proposal to increase funding for the IRS. Does that mean that more people are about to get audited?
Audit
The Difference Between an Audit, a Review and Compilation
When it comes time for financial documents to be corroborated, the three options available are an audit, a review and compilation. Each of these represents a very different degree of effort and investigation, and therefore each provides differing levels of confidence for investors and lenders. Let’s take a closer look at all three. The Compilation […]