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The purpose of this Statement is to explain the meaning of the phrase "present fairly... in conformity with generally accepted accounting principles" in the independent auditor's report.
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Auditing -- Standards -- United States; Financial statements -- United States -- Auditing; Auditors' reports -- Standards -- United States
Accounting | Taxation
American Institute of Certified Public Accountants. Auditing Standards Executive Committee, "Meaning of "present fairly in conformity with generally accepted accounting principles" in the independent auditor's report" (1975). Statements on Accounting Standards. 50.