(LIAA04/26) Internal Control Deficiencies and Other Matters – Adding Value Through Required Auditor Communications
Professional and regulatory audit standards require communication of internal control matters noted in a financial statement audit. This assists management and those charged with governance with satisfying responsibilities for designing, implementing, maintaining, and monitoring internal controls. In addition, in order to retain existing clients, lower fee pressures and gain invaluable referral sources, financial statement auditors...
Credit Hours: 2