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.

PODCAST

What’s next for potential CPA licensure changes

A new model proposed by NASBA and the AICPA is designed with an eye on the future for newly licensed CPAs. The AICPA's Carl Mayes, CPA, provides background on the project and a look ahead to 2020.

VIDEO

What RPA is and how it works

Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.