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How to Avoid a Substandard Audit: Suggestions for Procuring an Audit

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Report Type Reports and Testimonies
Report Date May 1, 1988
Report No. 137493
Subject
Summary:

This handbook presents: (1) guidelines to help public entities ensure that they procure a qualified auditor and receive a quality audit; and (2) the five basic elements of an effective audit procurement process, including planning procurements, fostering competition through proposal solicitation, technically evaluating proposals and qualifications, preparing a written agreement, and monitoring auditor performance.

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