On Feb. 10, 1996, President Clinton spent seven hours in Mason City and Clear Lake, visiting the Farmerâs Co-Op and its manager Glenn Brady in Clear Lake; speaking at North Iowa Area Community College; and having a potluck dinner at the Bruce Davison farm east of Mason City.
It is therefore not surprising that timely preparation of audit documentation (working papers) is a mandatory requirement of ISA 230.As to audit documentation in general, it seems that many students do not fully appreciate the extent to which audit documentation should be prepared, and its form and content.
A Guide to Common Qualified Plan Requirements. A qualified plan must satisfy the Internal Revenue Code in both form and operation. That means that the provisions in the plan document must satisfy the requirements of the Code and that those plan provisions must be followed. The IRS administers a determination letter program that enables plan sponsors to get advance assurance as to the form of their retirement plan document.