SEC, PCAOB, GAO, DOL Requirements A03-18b

DOL Rules: – DOL standards are outdated compared to AICPA, PCAOB, SEC, GAO rules. Who is a member under DOL rules?

Member includes the accountant, or his or her firm, or a member thereof, which includes:

• All partners and shareholder employees.
• All professional employees in the audit.
• All professional employees located in an office, participating in a significant portion of the audit.