Staff Audit Practice alert on audit risks in certain emerging markets.

PositionIRS NEWS

The Public Company Accounting Oversight Board has published a Staff Audit Practice Alert (www.calcpa.org/SAPA8) to increase auditors' awareness of risks when performing audits of companies with operations in emerging markets. Staff Audit Practice Alert No. 8: Audit Risks in Certain Emerging Markets, focuses on the risks of misstatement due to fraud that auditors might...

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