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Attestation Engagements under Government Auditing Standards 

The 2003 Government Auditing Standards also prescribe standards and provide guidance for attestation engagements. Government Auditing Standards incorporates the AICPA's general standard on criteria, its fieldwork standards, and its reporting standards for attestation engagements as well as the AICPA Statements on Standards for Attestation Engagements (SSAE), unless the Comptroller General of the United States excludes them by formal announcement. In conducting attestation engagements in accordance with Government Auditing Standards, the practitioner assumes certain responsibilities beyond those performed under only the AICPA attestation standards. First, the Government Auditing Standards general standards also apply to attestation engagements. Second, Government Auditing Standards prescribe additional fieldwork and reporting standards for attestation engagements.

 

The additional Government Auditing Standards fieldwork standards relate to:

 

·          Auditor communication (see paragraphs 6.06 through 6.09 of Government Auditing Standards);

·          Considering the results of previous audits and attestation engagements (see paragraphs 6.10 through 6.12 of Government Auditing Standards);

·          Internal control (see paragraphs 6.13 and 6.14 of Government Auditing Standards);

·          Detecting fraud, illegal acts, violations of contract provisions or grant agreements, and abuse that could have a material effect on the subject matter (see paragraphs 6.15 through 6.20 of Government Auditing Standards);

·          Developing elements of findings for attestation engagements ( paragraph 6.21 of Government Auditing Standards); and

·          Attest documentation (see paragraphs 6.22 through 6.26 of Government Auditing Standards).

 

The additional Government Auditing Standards reporting standards relate to:

 

·          Reporting auditors' compliance with Government Auditing Standards (see paragraphs 6.29 through 6.31 of Government Auditing Standards);

·          Reporting deficiencies in internal control, fraud, illegal acts, violations of provisions of contracts or grant agreements, and abuse (see paragraphs 6.32 through 6.40 of Government Auditing Standards);

·          Reporting views of responsible officials (see paragraphs 6.41 through 6.45 of Government Auditing Standards);

·          Reporting privileged and confidential information (see paragraphs 6.46 through 6.48 of Government Auditing Standards); and

·          Report issuance and distribution (see paragraphs 6.49 through 6.54 of Government Auditing Standards).

 

Copyright © 2004 by the American Institute of Certified Public Accountants, Inc., New York, New York.

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State

Overview :  The AICPA State Regulation and Legislation Team advocates for the accounting profession at the state level by partnering with the state CPA societies. The team monitiors trends on key state legislative and regulatory issues at the national level and serves as an information clearinghouse and resource provider, offering information related
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Continuing Professional Education

Link :  Each CPA must complete Continuing Professional Education credits each year. Learn more about earning Continuing Education Credits (CPEs) and AICPA, state society, and state board CPE requirements.
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CPE Requirements

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The International Qualification Examination (IQEX)

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Overview :  International candidates are eligible to qualify as U.S. Certified Public Accountants (CPAs) as long as they meet Board of Accountancy eligibility requirements in one of 54 U.S jurisdictions - the 50 states, District of Columbia , Puerto Rico , U.S. Virgin Islands, and Guam.
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Tax Legislation and Policy

Overview :  The AICPA has a long history of advocating for sound tax policy.  This section contains: AICPA-developed tools to evaluate tax provisions and proposals from a tax policy standpoint; AICPA tax reform studies to promote informed tax policy decisions; advocacy documents; and other tax policy related materials.
Published on February 10, 2012

International Tax

Overview :  This section covers international taxation issues and contains professional standards and ethics, legislation, regulation, and administration, tools and aids, and useful Web site links.
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Tax Power Hour

Overview :  The Tax Power Hour is a monthly webinar series for tax section members only that is hosted generally on the third Thursday of the month from 1:00 to 2:00 pm (eastern).  This page lists upcoming dates and subjects and also contains registration links, as well as links to archives of prior
Published on February 10, 2012

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