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Peters And Associates: Memorandum

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Peters And Associates: Memorandum
Peters and Associates Memorandum
Date: June 28, 2014
To: Peters and Associates Accounting Department
Cc:Bobby Peters, Auditor
Joanne Hubbard, Senior Deputy Auditor

From:Kiona Peters, Junior Accountant
Subject: SAS 112 and 115 Regulation Rule Changes
Purpose
Of the many recent auditing standards issued by the AICPA, SAS No. 112 seems to be generating many questions. Therefore, the GAQC sponsored a member-only conference call titled, The Impact of SAS No. 112 on Governmental Financial Statement Audits, to assist members in understanding the provisions of this new standard and to provide members with an opportunity to have questions answered. The call was held on Thursday, January 4, 2007, from 1:00pm to 2:30pm (EST). Participants

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