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Services
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Evaluation of Management
Integrity
Policy Statement:
The CPA firm evaluate
factors that have a bearing on management's integrity. The firm keeps a manual for the
acceptance of prospective clients and the continuance of current clients.
This manual has the following procedures to limit the risk of damage to the
firm reputation:
- Listing of
various evaluation questionnaires
- Listing of
risk charts (low, medium or high risk)
- Each personnel are
given a copy of the manual and they are told that they are expected to be
familiar with the firm’s policies.
- Photocopy for
their reference
- Computer disk
for their reference
- The CPA firm gathers
and examines information before accepting or continuing a client, as
Follows: (This is done before visiting new client’s premises)
- Inspect most recent
financial statements and income tax returns, etc.
- Studies the industry
in which the client operates
- Inquire of predecessor
auditor/accountants when required or suggested by professional standards
and inquiries about any disagreement with the client.
- The officer of the CPA
firm evaluates the information from the following:.
- Prepared risk
analysis chart from a spreadsheet
- Evaluation
questionnaires and charts
©/2003 to 2009 A Andrew Harrison CPA P.C. love a challenge
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