TITLE

What New Agency Powers Mean for Financial Auditors

AUTHOR(S)
Vartanian, Thomas P.; Hardison, David B.
PUB. DATE
July 2004
SOURCE
American Banker;7/23/2004, Vol. 169 Issue 141, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that recent actions by bank regulators demonstrate the agencies' increased powers against auditors of financial institutions. How agencies, such as the U.S. Office of the Comptroller of the Currency, can act against an accountant who lacks the qualifications to perform audit services; Increased risk of bank auditing under new regulations; Impact of increased auditor regulation on the financial institutions who seek their services.
ACCESSION #
13884109

Tags: BANK examination;  AUDITING;  AUDITORS;  AUDIT risk;  BANKING industry -- Accounting;  ACCOUNTING firms;  ACCOUNTANTS;  FINANCIAL services industry;  FINANCIAL institutions;  BANKING law

 

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