500 word Internal Memo

timer Asked: Dec 7th, 2015

Question description

You are a junior accountant at a small accounting firm. A partner of the firm has asked you to communicate the new Statement of Accounting Standards (SAS 112) regulation—rules auditors have to follow—to certain groups and to explain how this change would affect these groups. The partner has asked you to create and submit a package of materials that includes the following components:

Research SAS 112 on accounting auditors from the American Institute of CPAs (AICPA) website.

Research SAS 115 on accounting auditors from the AICPA website.

Write a brief, 500 word internal memo for other accountants at the firm.


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