Browse

By Industry


By Area of Interest


By Date


By Document Type


By Topic


Member Only Content

2011 Team and Review Captain Checklists 

You can download Checklists, Questionnaires and other Material to Perform System Reviews.
 
You can download Checklists and other Material to Perform Engagement Reviews
.

You can review the latest Release Notes.

General Notes:

The June 2011 release of the Peer Review Program Manual should be mailed to subscribers by the end of July 2011.  If you have not received your update by then, please contact AICPA Member Services at 888.777.7077.

The checklists have been updated for SSARS 19, which is effective for compilations and reviews of financial statements with periods ending on or after December 15, 2010.  Peer reviewers should use checklist 20,200A, 20,300A, 23,200A and 23,300A for engagements with periods ending before December 15, 2010.

The checklists have been updated through FASB Accounting Standards Update number 2010-18.

The Quality Control Questionnaires (sections 4300 and 4400) were updated in 2010 and again in 2011. If the appropriate questionnaire is completed by the firm in adequate detail, it can normally be used to comply with Statement on Quality Control Standards No. 7, effective January 1, 2009. The questionnaires are not intended to be used as the quality control document for large firms with complex systems of quality of control.

Section 22,300, the “Financial Reporting and Disclosure Checklist,” is required for the general audit, and also the general review and compilation with full disclosure engagement checklists. It is not required for compilations that omit substantially all disclosures.

Update to HUD Audit Guide

At the time of the development of the checklists, HUD was, and still is, in the process of updating the HUD audit guide on a chapter-by-chapter basis. This approach by HUD has made it difficult to update the HUD checklist. The status of each chapter is included in the instructions to the HUD Checklist (Section 22,090), along with the related effective dates. Therefore, in reviewing chapters that have been updated by HUD, reviewers should use the HUD checklist in conjunction with the updated chapter from the HUD audit guide. Upon completion of the HUD audit guide overhaul, this checklist will be revised to be consistent with the guide.

Additional Documentation

As with prior versions, if additional documentation is necessary for any checklist or practice aid item, you should attach separate pages, with the additional documentation, to the checklist or practice aid.

Supplemental Checklists

Reviewers should now complete the supplemental checklists for engagement reviews, or document the reason(s) he or she did not in the Review Captain’s Checklist.  For reviews of compilations that omit substantially all disclosures, the reviewer may choose to complete the supplemental checklist, but it is not required.

Digital Signature

The checklists and practice aids in PDF format allow the documents to be digitally signed. However, the documents can still be printed and signed manually, as well.

Open Hide documents in this section

Page  1 2 3 4 5 >> 
Showing results 1 - 15 of 16185
Order by:


Making Next Year Better A CPAs Guide to Using the Past to Plan for the Future

Newsletter It happens every year. You’ve completed those last returns and filed that last extension. You celebrate what went right and think about what you can do in the future to make tax filing season easier and less stressful for everyone. As you begin to resume a more normal workload or
Published on May 27, 2016

Issue Spotlight International Reporting Deadlines Are Fast Approaching

Newsletter More “everyday” tax clients are having international filing obligations, so practitioners should ask their clients about income and reportable assets in another country. A number of international returns, some of which are afforded the opportunity to be extended, need to be completed now or clients may be subject to substantial
Published on May 27, 2016

Letter from the Chair IRS Future State

Newsletter Quarterly letter from the Tax Executive Committee Chair with updates on tax advocacy, tax practice & ethics, and tax membership.
Published on May 27, 2016

Top 10 Billing and Collection Best Practices

Newsletter Billing and collection are necessary evils in the public accounting profession. Most professionals strongly dislike the tasks, but if no invoices go out the door, and no collections of those invoices happen, then your accounting practice will come to a screeching halt. One of the most important ingredients to make
Published on May 27, 2016

Tax

Overview AICPA is committed to promoting CPAs as the most trusted professional and premier provider of tax services. We offer information and resources related to tax return planning, preparation, examination and representation, with practices tools to assist with navigating IRS, tax practice quality control and management, as well as guidance and
Published on May 24, 2016

Personal Financial Planning

Overview An overview of the Personal Financial Planning Division.
Published on May 24, 2016

Information Management and Technology Assurance

Overview An overview of the AICPA's Information Management and Technology Assurance section.
Published on May 24, 2016

The Forensic and Valuation Services Center

Home The Forensic and Valuation Services Center provides CPAs with  resources for forensic and valuation services and member benefits.
Published on May 24, 2016

PFP Section and CPA/PFS Credential

Overview Join the PFP Section, learn more about the CPA/PFS credential, or start using your member benefits.
Published on May 24, 2016

CPA/PFS Credential Holders

Overview AICPA Membership information for CPA/PFS Credential Holders.
Published on May 24, 2016

PFP Section Members

Overview Membership information for PFP Section members. Get the most out of your PFP membership.
Published on May 24, 2016

Benefits of Becoming a CPA/PFS Credential Holder

Article The benefits of Becoming a CPA/PFS Credential Holder with the AICPA.
Published on May 24, 2016

CPA/PFS Exam

Article Learn more about the process to register, prepare and schedule the CPA/PFS exam.
Published on May 24, 2016

Pathway to the CPA/PFS Credential

Overview The pathway to the CPA/PFS credential.
Published on May 24, 2016

CPA/PFS Eligibility Requirements

Overview An overview of the requirements for becoming a CPA/PFS.
Published on May 24, 2016

Page  1 2 3 4 5 >> 
Showing results 1 – 15 of 16185
Show Results per page
Copyright © 2006-2016 American Institute of CPAs.