ABLE 1-1 Source: AICPA Special Committee on Assurance Services. Continues Compliance with trading policies and procedures handling of the transactions complies with the terms of the trada the Examining transactions between trading partners to ensure that th agreement or contract, including the identification of risk surrounding the trade arrangement Compliance with entertainment royalty agreements Assessing whether royalties paid to artists, authors, and others are in accordance with royalty agreement provisions. Iso 9000 certifications Certifying a companys compliance with iso 9000 quality control standards, which help ensure company products are of high quality Annual environmental audit Assessing whether company policies effectively ensure the companys compliance with environmental standards and laws Arens, Loebbecke; Auditing, 8/ o2000 br Prentice Hall. IncArens, Loebbecke; Auditing, 8/E © 2000 by Prentice Hall, Inc. TABLE 1-1 Continues Annual environmental audit Assessing whether company policies effectively ensure the company’s compliance with environmental standards and laws Compliance with trading policies and procedures Examining transactions between trading partners to ensure that the handling of the transactions complies with the terms of the trading agreement or contract, including the identification of risk surrounding the trade arrangement Compliance with entertainment royalty agreements Assessing whether royalties paid to artists, authors, and others are in accordance with royalty agreement provisions. ISO 9000 certifications Certifying a company’s compliance with ISO 9000 quality control standards, which help ensure company products are of high quality. Source: AICPA Special Committee on Assurance Services