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Terms of business

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GLOSSARY OF BUSINESS FINANCIAL TERMS

www.sba.gov

Glossary of Business Financial Terms 5 . S-Corporation: A form of corporation, allowed by the IRS for most companies with 35 or fewer shareholders, which enables the company to enjoy the benefits of incorporation but be taxed as if it were a partnership. Sole Proprietor: an individual who owns an unincorporated business by himself/ or herself.

  Business, Terms, Of business

INTERNATIONAL STANDARD ON AUDITING 210

www.ifac.org

terms of the audit engagement to be revised and whether there is a need to remind the entity of the existing terms of the audit engagement. (Ref: Para. A28) Acceptance of a Change in the Terms of the Audit Engagement 14. The auditor shall not agree to a change in the terms of the audit engagement

  International, Standards, Terms, Auditing, International standard on auditing 210

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