The AICPA Conflict Minerals Task Force has developed new questions and answers (Q&As .14–.15) to provide nonauthoritative guidance addressing matters that practitioners performing independent private-sector audit engagements of conflict minerals reports may wish to cover in management representation letters and practitioner responsibility with respect to internal controls.
The questions and answers relate to representations that a practitioner might obtain from management in an engagement to perform an independent private-sector audit of a conflict minerals report, and the practitioner’s responsibility with respect to gaining an understanding of and testing internal controls in performing an independent private-sector audit.
In addition, the AICPA resource describing conflict minerals report attributes that facilitate an independent private-sector audit has been updated based on conflict minerals reports filed, and to reflect recent SEC guidance.
More information, including previously issued Q&As .01 to .13, is available on the AICPA Conflict Minerals Resources webpage.
