Why should financial statements be audited by a cpa, Microeconomics

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Why should financial statements be audited by a cpa

Problem

Bankers usually insist that prospective borrowers submit audited financial statements along with a loan application. Why should financial statements be audited by a CPA?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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