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Gaining an Understanding of a Client Includes Auditors Learning How

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Gaining an understanding of a client includes auditors learning how their clients measure their performance.How is this information used by auditors in audit planning and what are examples of non-financial performance measures commonly used by auditors?


Definitions:

Tenth Amendment

An amendment to the U.S. Constitution that reserves powers not delegated to the federal government to the states or to the people.

Necessary and Proper Clause

A provision in the U.S. Constitution granting Congress the power to pass all laws necessary and proper for carrying out its enumerated powers.

Creative Federalism

A form of federalism prevalent in the 1960s where the federal government determined the needs of the states and provided services, often leading to an expansion of federal government powers.

Federal Grants

Financial aid or resources provided by the federal government to states, organizations, or individuals for specific projects or purposes.

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