New Statewide Agreed-Upon Procedures Webinar
Effective for June 30, 2017 fiscal year-ends, auditors of local governments and quasi-public entities in Louisiana are required to perform an agreed-upon procedures engagement in conjunction with their audit, in accordance with LA R.S. 24:513 (the audit law). The procedures are directed toward specific areas of operations where fraud and abuse, non-compliance or internal control deficiencies have been found to be at higher risk by the Legislative Auditor. Such areas include credit card purchases, contracting, travel costs, cash collections and others.
With the ever-changing conditions within the governmental and non-profit environments, it's important to keep abreast of the latest developments. Join us on May 17th for our review of these new requirements as well as insight into how to prepare the information needed so the procedures can be performed efficiently. As always, P&N is committed to providing timely information that is relevant to our clients.