Just noticed today the new General Audit Risk Alert is available. If you are an auditor this is something you should be reading every year. (If your firm doesn’t provide you a copy, go get one yourself. You are in charge of your professional growth.)
Here is a link and the full title: General Accounting and Auditing Developments – – 2011/2012 Audit Risk Alert.
Might be worth getting the hot-off-the-press risk alert. Order it now and you could read it in November to incorporate into planning during December for audits in January and February. Good to get a refresher of new issues and might even, um, ‘remember’ some stuff you missed earlier.
Joking aside, I usually pick up on some tidbit that I didn’t know. That is the biggest reason I routinely read several of the annual risk alert updates. For example, I picked up this tidbit about CDs in last year’s risk alert.
Other new editions now available:
- Not-for-Profit Entities Industry Developments 2011 – Audit Risk Alert
- Government Auditing Standards and Circular A-133 Developments Audit Risk Alert
The current year Independence risk alert is not yet available.