This illustrative Report of Independent Accountant on Internal Control Pursuant to Commodity Futures Trading Commission Regulation 1.16 has been prepared by the AICPA Stockbrokerage and Investment Banking Expert Panel and AICPA staff.
The audit guidance in this document has been reviewed by the AICPA Audit and Attest Standards staff and published by the AICPA and is presumed to be appropriate. This document has not been approved, disapproved, or otherwise acted on by a senior technical committee of the AICPA.