First, an audit qualification is usually a final indictment of the poor financial performance of the firm. Second, investors looking to invest their money in the stock market should avoid buying shares of ...
It notes that the Auditing and Assurance Standards Board (AUASB) has focused on updating and revising existing standards and guidance which resulted in two standards and three guidance statements. It presents the new and amend...
When dealing with the application of the federal excise taxes to any aviation activity, one need to consider not only how the Federal Aviation Administration (FAA) defines the activity, but also how the Internal Re...
The survey suggests one aspect of the response is for Audit Committees to regard increasing their involvement with management. Other suggested responses include having more open and frank discourses and assuring information...
What a management audit can do for youFocuses on the benefits of management audits for companies. Viability of the audits as a method to appraise management; Opposition from executives; Feasible alternatives to managem...
It mentions the key points of government interaction in terms of implementing policies of the FCPA including the combination of an internal auditing expert and hiring a compliance expert for assessment of business sensitiv...
Although our duties largely consist of ensuring compliance with prescribed procedures, this does not mean that our goal should be to report negative information. In fact, I believe that we should approach each audit with the hope that...
(USAC) in the U.S. It is noted that the Office of Inspector General (OIG) of the Federal Communications Commission (FCC) reviews the audits to determine whether there is a need for companies to be ...
(2012). What do Investors Want from the Standard Audit Report? Results of a survey of Investors Conducted by the PCAOB's Investor Advisory Group The CPA Journal. January 22-28Carcello, ...
[ldots] Cleaned Cash Causes Concern[ldots] AS PART OF ITS CRACK- down on fraudulent financial statements, the Securities and Exchange Commission (SEC) recently adopted a new set of disclosure rules designed to ensure that ...