Callahan & Associates releases new auditing guidebook
WASHINGTON - In response to growing public concerns regarding auditing issues, Callahan & Associates has released the 200-page Guide to Credit Union Auditors and Supervisory Committee Auditing Requirements. The guidebook includes national and state market share rankings of CPA firms serving credit unions and lists the data processing systems in which many of the firms have the most experience. In addition, the full text of the NCUA Examiner's Guide is provided along with a new chapter dedicated to the supervisory committee. According to Callahan & Associates the new guide will be most helpful to credit unions that are: * Seeking proposals from CPA firms. * Concerned about changes in auditor relationships prompted by the Sarbanes-Oxley Act. * Looking for a sample RFP (request for proposal) and information on auditing fees. * Providing supervisory committee members with essential information for managing the auditor relationship. For more information about the Guide to Credit Union Auditors and Supervisory Committee Audit Requirements call (800) 446-7453.