An audit is the highest level of assurance a CPA firm can provide that the financial statements follow the generally accepted accounting principles (GAAP), or some other reasonable basis of accounting ...
Client account reviews provide an opportunity for a business professional to assess the current state of his customer's financial status, changes in goals and any other relevant information. Because ...
One of internal audit's values is to tell management when the controls to manage risks and assure opportunities aren't working. Internal audit should have a plan for the work it will do, and by now we ...
The American Institute of CPAs has begun offering intermediate and advanced certificates to CPAs who perform “single audits” of governmental entities and grantees and audits of employee benefit plans.
The Jefferson County Board of Education on Tuesday night quietly approved an audit plan aimed at addressing the district’s ...
In a six-point plan released Thursday, the AICPA describes extensive ongoing and new efforts to improve audit quality. Continued improvement in the quality of audits has long been a core focus of the ...
A spokesman for Mayor Mitch Roth said the mayor and the county’s Office of Housing and Community Development are working to correct deficiencies pointed out in an audit of its affordable housing ...