mortgage
audits online company reviews
Financial analysis to analyze the credit
quality of the borrower is an important part of the credit decision-making
process. We frequently place greater emphasis on ratios, balance sheets, and
profit and loss accounts when performing financial analysis, but it is equally
crucial to properly analyze and comprehend the audit report. The audit reports
listed below can be analyzed depending on the type of borrower:
•
We can request a statutory audit report if the borrower is a corporation
(Mandatory for every company).
•
A tax audit report is necessary for individuals, LLPs, corporations, and
partnerships (If applicable).
•
If the borrower is a limited liability partnership (LLP), we can request
an audit report under the LLP Act (If applicable).
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