Words similar to non-audit
Example sentences for: non-audit
How can you use “non-audit” in a sentence? Here are some example sentences to help you improve your vocabulary:
During the past decade the AICPA and many accounting firms put too much emphasis on how they could grow their top line, bottom line, and earnings through pushing non-audit/consulting services and not enough time modernizing attest and assurance services that represent the franchise for CPAs on which the public relies.
One example of this is in connection with what type of non-audit or consulting services that outside audit firms can provide to their audit clients and still maintain their independence.
As a result, the GAO issued new independence standards applicable to audits of federal departments and agencies and entities that receive federal funds, and the Sarbanes-Oxley legislation limited the ability of auditors of public companies to perform certain non-audit services for their audit clients.
In my view, current AICPA independence standards do not adequately ensure the independence of auditors who provide certain non-audit or consulting services to their audit clients.
As previously noted, we published new independence standards dealing with non-audit/consulting services when the AICPA failed to act.