Canada

Internal Audit - Memorandum of Understanding Relating to the Administration and Enforcement of the Spirit Drinks Trade Act

Background: The Spirit Drinks Trade Act (SDTA) outlines Canada's international commitments regarding the use of names of certain spirit drinks of foreign countries. The SDTA falls under the ...
Canada

Internal Audit - Memorandum of Understanding for Information Sharing between the Canada Revenue Agency and Saskatchewan Government Insurance

Background: The Canada Revenue Agency (CRA) enters into memoranda of understanding (MOUs) and other agreements with federal, provincial and territorial departments and agencies to improve efficiency ...
Tax Guru

Memorandum of Changes (MOC) Bank Audit

In case of bank during audit, if auditor find anything which having impact on financial statement, entry of these changes passes through Memorandum of changes “MOC”. All material changes that impact ...
Tax Guru

NFRA publishes ‘Audit Practice Toolkit’ to enhance audit quality in India

NFRA releases Audit Practice Toolkit focusing on Strategy and Planning to enhance audit quality, especially for small and medium practitioners in ...
JD Supra

OIG Issues Audit Memorandum to FDIC’s Regional Service Provider Examination Program, Impacts Fintechs

On December 21, the Office of Inspector General (OIG) of the FDIC issued its audit memorandum on the FDIC’s Regional Service Provider (RSP) Examination Program. The OIG’s objective was to assess the ...