Accounting & auditing practice risk during the pandemic - Part 1

As firms begin planning 2020 year-end accounting and auditing (A&A) engagements, the CPEA believes now is an excellent time to think about practice risk and what can be done to reduce that risk, especially during the current pandemic. To that end, this CPEA report series will focus on what CPEA member firms can do when performing A&A engagements. Part 1 of this series will focus on the first line of defense, namely, a firm’s system of quality control and what