Auditors Making Internal Control Testing Errors

Auditor Cites Report in Effort To Encourage Better Compliance Reviews
Jerry Ashworth
July 10, 2017 at 02:02:00 ET
Even though audit industry standards and provisions in the Office of Management and Budget’s uniform guidance require firms conducting single audits to perform procedures to obtain an understanding of the auditee’s internal control over compliance, a recent review of audit firms conducted by the American Institute of Certified Public Accountants (AICPA) still found numerous instance... Read More