Auditing Procedure News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The new standard for audit confirmations would replace an interim standard that hasn't changed for two decades.

To make. one is a lot of times in the financial service community, the bills coming out of republican side and sometimes democratic side are straight out of lobbyists' e-mails. >> verbatim. >> drafting the questions, the bills, going back and forth. i'm curious to know if that was the case -- >> i charged oversight subcommittee. they came to me and others and said, you need us? what for? >> ofeo -- >> i can't remember -- >> acronym? >> yes. it's congressional speak. sorry, i had a flashback. they oversaw fannie and freddie. they changed that whole system. but they said, you need us. they didn'...