Single Audit Quality Concerns

Topics:
Audits
Tags:
Audit,
Finance,
Financial Accounting,
New Jersey Society Of Certified Public Accountants
Source:
New Jersey Society of Certified Public Accountants

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Overview: Firms that conduct audits for organizations receiving federal awards should be aware of recent industry, regulatory and professional developments in performing single audits. Most notably, the quality of audits performed in accordance with Circular A-133 and the Single Audit Act Amendments of 1996 (the Single Audit Act) have come under scrutiny. The article lists the deficiencies which are commonly noted in Circular A-133 single audits.

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Format: HTML | Date: Oct 2002 | Pages: 1

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