💷 Accounts warranties
A warranty is a guarantee that a product or service will meet certain standards. In the case of a warranty, the law requires that the company live up to the promises made in the warranty. If the company does not, the consumer may be entitled to a refund or replacement.
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Share Purchase IFRS Account Warranties
Publisher
¶¶Òõ¶ÌÊÓƵJurisdiction
England and WalesAssociated business activities
Prepare accounts
An accountant's warranty protects their client from losses that could occur from incorrect or misleading financial information, businesses from legal action if misrepresenting their financial position, and investors from losses if a company's financial statements are inaccurate.
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