RECOMMENDED!!CPA attestation of financial forecasts by corporations

  

CPA attestation of financial forecasts by corporationsQuestion 1: ForecastsRecent proposals by investors and others have suggested that corporations include financial forecasts in their annual reports. It further has been suggested that the CPA attest to those forecasts.Instructions:(a) What arguments are advanced to support the publication of such forecasts?(b) What arguments are advanced that oppose the publication of such forecasts?

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