Updated audit documentation regs effective Aug. 1.California auditors will no longer have to scramble To encode (encrypt) data in order to make it indecipherable without having a secret key to "unlock" it. The term came from the early days of cryptography which camouflaged analog transmissions with secret frequency patterns. to complete their audit documentation prior to issuing an audit report. New Regs. 68.3 and 68.4 (pp. 15-16, CBA See Capital Builder Account. Regulations) took effect Aug. 1 and correct differences between the California Board of Accountancy's regulations on audit documentation and national audit documentation standards. The differences concerned when and how CPAs could delete To remove an item of data from a file or to remove a file from the disk. See file wipe, trash and undelete. 1. (operating system) delete - (Or "erase") To make a file inaccessible. documentation from the audit file after the report has been released and created confusion and potential consumer harm, since audit firms were essentially forced to complete all deletions from the file on the day the report was released. Download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. the regs at www.dca.ca.gov/cba/regs/regs9.pdf. who's next in line? of 1,400 CFOs surveyed, just 16 percent have a successor lined up. - Robert Half Management Resources |
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