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GAO issues Question and Answer publication.(General Accounting Office)
August 1, 2002... GAO's Amendment No. 3 to the Yellow Book caused quite a stir when it was released in January, 2002. Shortly after its issuance, GAO indicated that it would answer questions posed by practitioners and others and issue a Question and Answer book...
Editor's note.(Brief Article)
August 1, 2002... Summer is not the only thing that is hot these days. The GAO issued Amendment No. 3 earlier this year and just recently issued its Question and Answer book "Answers to Independence Standard Questions" that attempts to explain the amendment. It...
Understanding sampling within the single audit environment.(Statistical Data Included)
August 1, 2002... One issue that continues to be a "hot topic" in seminars is sampling in the single audit environment. A single audit will likely require the use of sampling in the testing of internal controls and in the compliance area for all major programs...
Independent contractor or employee?(accounting)
August 1, 2002... One continuing question that plaques organizations is the determination of whether the person is an independent contractor or employee. Because compliance with the appropriate federal laws may be considered "direct and material compliance,"...