Vonya Global Releases: Exhaustive Management Review Control (“MRC”) Testing

Vonya Global has released an article regarding the impact of the PCAOB coming down hard on the public accounting firms for the adequacy of internal control testing when conducting the annual financial statement audit at their clients.
By: Vonya Global
 
 
Veronika Fritz - Internal Audit Executive
Veronika Fritz - Internal Audit Executive
CHICAGO - March 4, 2014 - PRLog -- Vonya Global has released an article regarding the impact of the PCAOB coming down hard on the public accounting firms for the adequacy of internal control testing when conducting the annual financial statement audit at their clients.

The result in the current financial statement audit period has been significantly more testing by the public accounting firms than in years prior. This added testing is putting a burden on public registrants, and one specific area getting increased attention is Management Review Controls.

The article explains the situation in greater detail and introduces the potential impact on the investment community. Follow the link at the bottom of this release to read the entire article.

ABOUT VONYA GLOBAL: Vonya Global is an international consulting firm specialized in enhancing corporate governance by providing internal audit, internal control and risk assurance services to a wide range of companies. The firm is focused on providing Knowledge Leadership in internal control and superior Client Service. There is a better way, Vonya Global will show you.

Vonya Global LLC
150 N. Michigan Ave
Suite 2935
Chicago, IL 60601

http://www.vonyaglobal.com/internal-audit/knowledge/exhau...

Contact
Vishwa Chudgar
***@vonyaglobal.com
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Source:Vonya Global
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Tags:Internal Audit, Pcaob, Management Review Control, Vonya Global, Financial Statement Audit
Industry:Accounting, Manufacturing
Location:Chicago - Illinois - United States
Subject:Reports
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Page Updated Last on: Mar 04, 2014
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