All public companies are required to have their financial statements audited ________ by a firm of independent certified public accountants.

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All public companies are required by law to have an annual audit of their financial statements conducted by a firm of independent certified public accountants. This audit ensures that the financial statements fairly present the company's financial position, performance, and cash flows in accordance with generally accepted accounting principles (GAAP). Quarterly or monthly audits are not required by law, but some companies may choose to have additional audits or reviews performed for internal monitoring purposes. The audit should be conducted whenever the financial statements are prepared and published.

All Public Companies Are Required to Have Their Financial Statements