Under certain circumstances, plan management is allowed to instruct the auditor to limit the scope of
auditing procedures on investment information that has been certified by qualified institutions as complete and accurate.
The largest international public accounting firms have recently begun testing the offshoring of certain
auditing procedures on very large U.
Because the subcommittee noted that USAID's and NASA's performance and accountability report (PAR) reporting on improper payments and recovery auditing was minimal, GAO was asked to review both agencies' IPIA risk assessment methodologies, recovery
auditing procedures, and actions under way to improve their IPIA and recovery audit reporting.
The Interpretations clarify that in circumstances in which the auditor determines that the nature and extent of
auditing procedures should include testing the measurement of investments in securities (or interests in a trust that holds investments in securities), simply receiving a confirmation from a third party (including a trustee) does not in and of itself constitute adequate audit evidence with respect to the valuation assertion.
That one or more
auditing procedures that were considered necessary at the time the audit was conducted were omitted, but there is no indication that the financial statements are not fairly stated.
Compliance-related issues are fueling demand for individuals with expertise in internal
auditing procedures and corporate governance regulations," said Max Messmer, chairman and CEO of RHI.
The Federal Deposit Insurance Corporation (FDIC) has announced its
auditing procedures for ensuring that banks and other financial institutions are in compliance with security measures established under the U.
Ironically, this case will surely lead to even more paperwork for researchers as NCI starts to require clinical investigators to comply with tougher
auditing procedures.
Any additional
auditing procedures performed in accordance with paragraph 7 relating to the investigation of fluctuations or relationships that are inconsistent with other relevant information or that differ from expected values by a significant amount and the results of such additional procedures
326), provides additional guidance regarding the auditor's documentation of the results of
auditing procedures directed at the tax accounts and related disclosures.
Suggested
Auditing Procedures for Accomplishing Compliance Audits of California Redevelopment Agencies (June 1999)
