Rjb Accounting

, C.P.A. _________ St., BF Homes Paranaque City Contact nos. _______________________ March 7, 2018 The Board of Directors and Stockholders ABC CORPORATION Valerio St. Gatchalian Subd. Brgy. Manuyo Dos, Las Pinas City Gentlemen: In compliance with your request, I submit this informative report in connection with my audit of the financial statements of ABC Corp. (the Company) as of and for the year ended December 31, 2017, on which I have rendered my report dated March 7, 2018. I understand that this informative report will be submitted to the Securities and Exchange Commission in connection with the Company’s application for the decrease in the authorized capital stock of the Company. In this connection, we enclosed the following: Part I – Financial Statements as of December 31, 2017 and 2016 and Independent Auditor’s Report for the years ended December 31, 2017 and 2016; and Part II – Supplementary Information and Comments on the Stateme...

The financial auditor title is often used interchangeably with the accountant position, but the two careers have  notable differences . A financial auditor ensures that a company's financial statements are in good order and in compliance with  generally accepted accounting principles  (GAAP). Financial auditors and accountants perform similar tasks in terms of the review of financial data, but auditors are more focused on discovering fraud or error in corporate financial documents. Job Description A financial auditor reviews a company's financial statements, documents, data and accounting entries. Financial auditors gather information from a company's financial reporting systems, account balances, cash flow statements, income statements, balance sheets, tax returns and internal control systems. The information is then reviewed and used to present all financial data relating to a specific organization in an accurate, fair manner, ensuring that no fraud or gross er...

An internal auditor is a company employee who independently and objectively evaluates the organization’s operations. The role of an internal auditor is to gather relevant and objective information about the organization. An internal auditor essentially serves as the eyes and ears of the company’s senior leadership and board of directors. Their assigned work may cover any area of an organization; however, their work should be directed by the audit committee. Internal audits have historically been aligned with accounting and financial reporting audits. However, there are other types of audits. The following are a few examples: Information Technology Audits:  IT audits are performed to assess information systems to ensure that they are operating securely, and that sensitive data is secure and accurate. These audits can align with regulations and compliance, for example  PCI DSS  ( Payment Card Industry Data Security Standard),  ISO 27001  (...