A Video Explanation of the Various Governmental Auditing Standards
If you perform governmental audits, you know that different governmental auditing standards can come into play. In this video,…
Auditing standards are issued by the American Institute of CPAs. Opinions rendered under this set of rules are usually issued in the United States, both for non-governmental and governmental entities. The purpose of the audit standards is to provide a basis for auditors to gain sufficient evidential matter to support the opinions issued. Auditors most commonly issue unmodified opinions, meaning the auditor believes there are no material misstatements in the financial statements.
If you perform governmental audits, you know that different governmental auditing standards can come into play. In this video,…
SAS No. 149, Special Considerations — Audits of Group Financial Statements (Including the Work of Component Auditors and Audits of…
Are you looking for ways to test for fraudulent payments? Here are five ideas.
Seven deadly audit sins can destroy you. These audit mistakes kill your profits and effectiveness. You just completed an…
This article tells you what to report when there are no internal control issues. I discuss AICPA and Yellow Book guidance.
Communicating with a predecessor auditor can be trying. Even so, audit standards require that you (at least try to)…
Client acceptance and continuance may be the most critical step in an audit, but it’s one that gets little…
Here’s a Single Audit overview in five minutes. This video provides an overview of what a Single Audit is…
Auditors sometimes waste precious time testing controls when it may not be necessary. But in some engagements, it may be needed.