The American Institute of CPAs has begun offering intermediate and advanced certificates to CPAs who perform “single audits” of governmental entities and grantees and audits of employee benefit plans.
The Auditing Standards Board issued eight standards with new guidance for auditors assessing risks and controls in financial statement audits. Auditors must consider risk and also determine a ...
The company overseeing Iowa's education savings account program is being paid more than the state originally agreed to after the contract was amended without adequate documentation, according to an ...