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Mnemonics BEC1 > 1995 Private Securities Litigation Reform Act's directives to Auditors > Flashcards

1995 Private Securities Litigation Reform Act's directives to Auditors Flashcards

1
Q

To perform procedures that will find

A

RIGging

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2
Q

Rigging

A

Related Party Transactions

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3
Q

rIgging

A

Illegal Acts(Must inform mgmt, who reports to SEC on next day, and furnish a copy of notice to auditor, if not, auditor must report to SEC)

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4
Q

riGging

A

Going Concerns(substantial doubt)

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Mnemonics BEC1 (6 decks)

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