Audit quality is an area of concern for every firm and the governmental landscape is very complex, so mistakes can be made. This session will cover some of the common audit deficiencies found in compliance and financial statement engagements. This session will cover:
• Insight on the most frequent errors that have been observed in peer reviews and AICPA ethics investigations;
• A focus on the underlying requirements that dictate auditors' responsibilities and
• Best practice tips for avoiding problems before they happen and resources that provide additional information on the common deficiency areas.
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