The report outlines findings, opportunities for improvement, corrective actions and future audit requirements.

Plans are in place to reduce the burden of audit requirements for smaller companies.

Many state and local governments have additional audit requirements.

Some jurisdictions extend the audit requirements to include opining on such tax issues as transfer pricing.

Fuller has concerns about the burdens of the independent audit requirement, which might duplicate the company's internal programs.

All State inspectors must successfully pass the audit requirements with an overall acceptable rating.

Several leaders of the new Democratic Congressional majority have endorsed a relaxation of the audit requirements and other parts of the act.

Some providers have minimum terms, exit fees, notice periods, audit requirements, etc. that need to be fully assessed prior to entering into any agreement.

CIMA would like to see the audit requirement scrapped for all companies which fall within the statutory definition of a small company.

They firmly blame the heavy and bureaucratic nature of the audit requirements as a reason for the high levels of drop-out.