A&A news from around the web: Nov. 13 – 17, 2017

Written on Nov 15, 2017

McCain vows penalties if DoD doesn’t complete its first financial audit
The chairman of the Senate Armed Services Committee has threatened to begin withholding funding authorization from Defense Department programs unless the department conducts a financial audit.

AICPA’s Audit Quality Report highlights peer review, control
A recently released audit quality report by the AICPA focused on five key accomplishments in the past year: peer review, audit documentation, single audits, employee benefit plan audits and quality control.

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