Mods, please delete if not approved.

I'm hoping to ask a question from lenders. How do you do due diligence around financial statements received from the borrower. Do you look up and contact the CPA? Search their credibility online? Do you go more indepth or less?

Essentially, how do you ensure:

1. The statements you're looking at came from the actual firm that they say they came from

2. This is a genuine CPA firm, registered to do this engagement (audit, review etc)

3. They haven't been tampered with after being issued by the CPA firm

Public accountants and Law firms issue sensitive, high-stakes documents to their clients, that then get passed on to other users such as lenders. Does it concern you, as a CPA for example, that someone (client or a third party) can use basic pdf editing software to change some numbers on the statements and use them for lending purposes? A lot of mortgage fraud happens on fraudulent documents. You would probably avoid any liability, but it can cause reputational damage and unnecessary headache. Would you pay for a solution that helps prevent this tampering?

Public accountants and Law firms issue sensitive, high-stakes documents to their clients, that then get passed on to other users such as lenders. Does it concern you, as a CPA for example, that someone (client or a third party) can use basic pdf editing software to change some numbers on the statements and use them for lending purposes? Or as a lawyer that agreements can be tampered with? A lot of mortgage fraud happens on fraudulent documents. You would probably avoid any liability, but it can cause reputational damage and unnecessary headache. Would you pay for a solution that helps prevent this tampering?

Public accountants and Law firms issue sensitive, high-stakes documents to their clients, that then get passed on to other users such as lenders.

Does it concern you, as a CPA for example, that someone (client or a third party) can use basic pdf editing software to change some numbers on the statements and use them for lending purposes? A lot of mortgage fraud happens on fraudulent documents. You would probably avoid any liability, but it can cause reputational damage and unnecessary headache.

Would you pay for a solution that helps prevent this tampering?

Public accountants and Law firms issue sensitive, high-stakes documents to their clients, that then get passed on to other users such as lenders.

Does it concern you, as a CPA for example, that someone (client or a third party) can use basic pdf editing software to change some numbers on the statements and use them for lending purposes? A lot of mortgage fraud happens on fraudulent documents. You would probably avoid any liability, but it can cause reputational damage and unnecessary headache.

Would you pay for a solution that helps prevent this tampering?