Fort Wayne, IN CPA / Baden Gage & Schroeder LLC

New Audit Standards

In 2006, policy makers for auditors of non-public companies set new standards that introduced a comprehensive audit methodology that differs significantly from the way audits have been performed for the past three decades.

Diane M. Zimmerman, CPA, a Director at Baden, Gage & Schroeder, has written a series of six articles about these new standards.

Part 1: What Are The New Audit Standards

Part 2: How Will The New Audit Risk Standards Affect Audit Planning?

Part 3: What Is Internal Control?

Part 4: Entity Level Controls vs. Activity Level Controls

Part 5: What if a Control Deficiency is Identified During an Audit?

Part 6: Implementing the New Audit Standards - What Can You Expect?

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