Video: Introduction to Audits, Service Organizations, Special-Purpose and Other Country Frameworks

In this lesson, Nick Palazzolo, CPA, discusses various topics, including single and governmental audits, and how they differ from one another. Additionally, the role of service organizations in an audit is examined, as well as how these organizations are incorporated in other lessons. Lastly, the concept of different accounting frameworks, such as accrual basis, cash basis, and modified accrual, is explored and their relevance to audit is highlighted.