Corporate finance notice

CF advisers are strongly encouraged to take reference from the requirements in the CF Notice for engagements entered into before 1 October 2023 and apply the corresponding control and due diligence measures to these engagements.
Q2.
Can the CF adviser rely on group-level policies and procedures to fulfil the requirements under the CF Notice? .

The report is prepared by an external chartered accountant, and it does not provide assurance on the correctness of the financial statements.
The notice means that the prepared financial statements have not been audited or reviewed, and therefore, the accountant offers no assurance on the accuracy of the financial statement.

The Corporate Financing Department assists FINRA-regulated firms in complying with FINRA rules and federal securities laws by reviewing documents related to firms' capital-raising activities and arrangements.

The document is issued when the IRS proposes a change in the tax return of a taxpayer because it found that the submitted information does not match the information captured in their records.
The notice is sent before the IRS assesses a taxpayer for additional types of taxes, such as: