Safe harbor transmittal language - protection for unlicensed accountants. (Washington Comment): An article from: The National Public Accountant

This digital document is an article from The National Public Accountant, published by National Society of Public Accountants on December 1, 1992. The length of the article is 1142 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: 'Safe harbor' transmittal language protects unlicensed accountants from being penalized for violating state regulations regarding financial statement reports. A safe harbor compilation, however, does not constitute a report since many phrases are necessarily omitted from the statement. The National Society of Public Accountants published guidelines for the use of safe harbor transmittal language in 1990. The best solution to the problem, however, is to create a special license for accountants who render reports according to generally accepted accounting principles.

Citation Details
Title: Safe harbor transmittal language - protection for unlicensed accountants. (Washington Comment)
Author: William H. Sager
Publication:The National Public Accountant (Magazine/Journal)
Date: December 1, 1992
Publisher: National Society of Public Accountants
Volume: v37 Issue: n12 Page: p12(2)

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