The AICPA State and Local Government Expert Panel (SLGEP) meets periodically with the Accounting, Auditing and Financial Reporting Committee to discuss topics of mutual interest. In 2019, the SLGEP and GFOA worked together to develop this joint article intended to educate both governments and their auditors about clauses in contracts and engagement letters in the governmental environment that may not meet AICPA professional standards and that may create uncertainty about the auditor’s independence.
- Publication date: March 2019