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Who can prepare a “Financial Statement” for a Public Works license?

April 26, 2017license prepare public

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Who can prepare a “Financial Statement” for a Public Works license?

1 Answer

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10 Posted

The correct answer is based upon the class of license. If the public works license is a class C or D, a Financial Statement using the Safe Harbor language prepared by a non-peer reviewable CPA or LPA would be fine. If the license is class B, A, AA, AAA or U a peer reviewable CPA or LPA must complete the Audit, Review or Compilation required for the license.