AICPA launches Governmental Audit Quality Center.The AICPA AICPA See American Institute of Certified Public Accountants (AICPA). has launched the Governmental Audit Quality Center to promote the importance of quality governmental audits and assist purchasers of governmental audit services. The mission of the new center is to: * Serve as a comprehensive resource provider on governmental audits for member firms. * Raise awareness about the importance of governmental audits. * Create a community of firms that demonstrate a commitment to governmental audit quality. * Provide members with an online forum tool for sharing best practices as well as discussions on audit, accounting and regulatory issues. * List member firms to enable purchasers of governmental audit services to identify firms that are members. * Provide information about the center's activities to other governmental audit stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. . The center is a voluntary membership center and gives CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. firms the tools they need to adhere to adhere to verb 1. follow, keep, maintain, respect, observe, be true, fulfil, obey, heed, keep to, abide by, be loyal, mind, be constant, be faithful 2. a high standard of quality in conducting governmental audits, including audits of federal, state, and local governments, not-for-profit Not-for-profit An organization established for charitable, humanitarian, or educational purposes that is exempt from some taxes and in which no one in profits or losses. organizations, and certain for-profit organizations. More information can be found at www.aicpa.org/gaqc. This article ran in the Ohio e-CPA Weekly on Oct. 5, 2004. |
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