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Thread: Eligibility of CPA firms to perform 2010 FY audits if they audited 2007-2009.

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    Janet Wilson Guest

    Default Eligibility of CPA firms to perform 2010 FY audits if they audited 2007-2009.

    Q If a CPA firm audited the 2007, 2008 and 2009 fiscal years of a school district, is that CPA firm eligible to be selected to perform the 2010 fiscal year audit of that school district?

    A No. A CPA firm that has audited a school district for the 2007, 2008 and 2009 fiscal years is prohibited from being selected to perform the 2010 fiscal year audit of that same school district. (Attorney Generalís Opinion to Pickering dated August 28, 2009)
    Last edited by Janet Wilson; 10-12-2009 at 05:06 PM.

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