AICPA issues TQAs on internal control


New Technical Questions and Answers (TQAs) issued by the AICPA provide nonauthoritative guidance in the area of internal control.

The TQAs in Question and Answer Sections 8200.17–21 address questions received from auditors and other members about what is meant by controls relevant to the audit and control activities relevant to the audit in AU-C Section 315, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement.

Where to find January’s flipbook issue

Starting this month, all Association magazines — the Journal of Accountancy, The Tax Adviser, and FM magazine (coming in February) — are completely digital. Read more about the change and get tips on how to access the new flipbook digital issues.

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