Auditing standards and theory indicate that when management's explanation for a significant unexpected fluctuation is not corroborated during planning, auditors need to revise
their audit plan in order to address the increased risk signaled by the unexpected fluctuation.
In 1988, in light of auditing and accounting standards issued by the AICPA and FASB since 1983 (particularly the AICPA's "expectation gap" auditing standards), amendments to ERISA passed in various tax acts plus other developments, the AICPA employee benefit plans committee was reestablished to revise
Inter-Tel disclaims any intention or obligation to update or revise
any forward-looking statements, whether as a result of new information, future events or otherwise.
E43, Property, Plant and Equipment, revises