Audit Update, Escalation Clauses & Mandatory CPE Course for 2020-2021
Notice to Brokers: Audit Update
Modified Trust Audits
In response to the pandemic restrictions, the NSREC’s Board of Directors adjusted the audit policy to conduct modified trust audits. Brokers who are scheduled for a trust audit will receive a modified trust audit in 2021. In the audit notification, the auditor will specify a list of items that the broker must send to the auditor electronically. Brokers, please provide only the items specified.