The AICPA has issued a TQA to assist auditors with addressing how to consider the new Department of Education’s related party disclosure requirements. The TQA provides example disclosures and an understanding of the auditor’s responsibilities for these disclosures which go beyond the requirements of GAAP.
SCACPA is excited to partner with Galasso Learning Solutions and the Genuine Learning Blog for real-time A&A updates and answers for SCACPA members.
Melisa F. Galasso is the Founder and CEO of Galasso Learning Solutions LLC. A CPA with over 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. Her passion is providing high-quality CPE that is meaningful, creates efficiencies and improves quality, and positively impacts ROI.
Do you believe auditors will treat the additional disclosures as unaudited?
TQA Section 6960.13 | Resources | AICPA & CIMA (aicpa-cima.com)
