CAQ Issues Alert on Audit Planning for Auditors of Brokers and Dealers

The Center for Audit Quality (CAQ) has issued Audit Planning Alert for Auditors of Brokers and Dealers. The alert discusses considerations for auditors of brokers and dealers as they plan audit and attestation engagements.

Specifically, the publication addresses six key topics: “(1) auditing revenue, (2) audit evidence produced by service organizations and/or the broker or dealer, (3) auditing related party transactions, (4) auditing the supplemental information, (5) performing examination engagements, and (6) performing review engagements.”