Your firm recently completed a set of interim financial statements for one of your clients.Your client has just asked you if there are any differences in the procedures used in the preparation of interim reports as compared to annual reports.
Required:
Write an explanation of how the interim accounting procedures differ from those performed at year-end.

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The Answer of Your firm recently completed a set of interim financial statements for one of your clients.Your client has just asked you if there are any differences in the procedures used in the preparation of interim reports as compared to annual reports.
Required:
Write an explanation of how the interim accounting procedures differ from those performed at year-end.

Your Firm Recently Completed a Set of Interim Financial Statements