White Paper: Understanding Internal Control and Internal Control Services

White Paper: Understanding Internal Control and Internal Control Services

By Thomas A. Ratcliffe, CPA, and Charles E. Landes, CPA

September 2009

This white paper written by Thomas A. Ratcliffe and Charles E. Landes and prepared by the AICPA Audit and Attestation Standards and Professional Publications teams seeks to clear up confusion among practitioners relating to the concept of internal control over financial reporting. It describes the concepts of internal control (specifically internal control over financial reporting) and discusses the types of services related to internal control that may be performed by practitioners in public practice.
To download the paper in PDF format, click here.