Which of the following procedures is not appropriate for identifying laws and regulations that management may have

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Which of the following procedures is not appropriate for identifying laws and regulations that management may have overlooked?

a. Discussing laws and regulations with the entity's chief financial officer, legal counsel, or grant administrators.

b. Reviewing grant and loan agreements.

c. Reviewing information about compliance requirements available from state societies of CPAs.

d. Confirming violations with agencies granting federal financial assistance to the entity.

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Auditing And Assurance Services

ISBN: 9780538869522

5th Edition

Authors: David Ricchiute

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Question Posted: May 04, 2024 02:01 AM

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Which of the following procedures is not appropriate for identifying laws and regulations that management may have

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The correct answer is d Confirming violations with agencies granting federal financial assistance to ...View the full answer

Auditing And Assurance Services

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