Summary: | The federal financial institution regulatory agencies have issued the attached final interagency advisory on the unsafe and unsound use of limitation of liability provisions in external audit engagement letters. |
Highlights:
Distribution: Suggested Routing: Note: |
Additional Related Topics:
- Interagency Policy Statement on External Auditing Programs of Banks and Savings Associations
- Section 36 of the Federal Deposit Insurance Act
- Part 363 of the FDIC's Regulations
FIL-13-2006