AICPA Study Finds Problems with Audit Testing
August 20, 2018 at 07:59:53 ET
Results from a recent peer review study conducted by the American Institute of Certified Public Accountants (AICPA) found that many firms conducting single audits did not evaluate enough evidence to adequately test an auditee’s internal controls over federal programs or did not fully document the evidence reviewed, among other audit deficiencies.
During the AICPA’s recent 2018 Gove... Read More
