Planned New Guidance of Significance Compilation Engagements & Interpretation 101-3
The ARSC voted to ballot an Exposure Draft that, once approved as final, will result in significant changes in many aspects of how compilation engagements are performed and how the reports will be written.
Published on June 11, 2012
New Independence Guidance Cumulative Effect of Multiple Nonattest Services
On August 13, 2013, the AICPA Professional Ethics Executive Committee [PEEC] voted to finalize amended guidance associated with implementing Interpretation 101-3
Published on September 25, 2013
Revisions to the Code of Professional Conduct
On October 7, 2011, the AICPA Professional Ethics Executive Committee [PEEC] released some revisions to the AICPA Code of Professional Conduct.
Published on December 07, 2011
Compilation Engagements Preparing for Significant Changes
On June 29, 2012, the AICPA Accounting and Review Services Committee [ARSC] released an exposure draft containing three proposed Statements on Standards for Accounting and Review Services [SSARSs]. If adopted in final form, the guidance will change the landscape of compilation engagements.
Published on August 01, 2012
New Technical Practice Aid Guidance Compilation Reports & SBLF Audit Reports
Over the past several months, the AICPA audit and attest services team has released several different Technical Practice Aids [TPAs] addressing a variety of attest engagement issues.
Published on February 29, 2012
ARSC Issues Three Proposed SSARSs Changing the Landscape of Compilation Engagements
The Accounting and Review Services Committee issued an exposure draft containing three proposed Statements on Standards for Accounting and Review Services [SSARSs] that, if adopted in final form as proposed, will change the landscape of how compilation engagements are considered, performed, and reported on.
Published on October 24, 2013
Independence & Ethics Alert Addressing Some Current Issues
On an annual basis, the AICPA releases a variety of audit risk alerts that address specific issues that need to be addressed by practitioners when they are performing financial statement audits.
Published on September 28, 2011
Some Continuing Issues in Compilation & Review Engagements
Each year, the AICPA updates and compiles a listing of recurring deficiencies where the deficiencies are frequently-encountered in practice, and where the issues often are noted as a result of the peer review process.
Published on January 07, 2009
SAS No. 115 Audit Risk Alert Guidance
The AICPA Accounting and Auditing Publications team, following approval by the Audit and Attest Standards Staff, has released some implementation guidance that should be very helpful to practitioners in their efforts to appropriately-implement the new SAS No. 115, control deficiency evaluation and communication requirements.
Published on February 18, 2009
SSARS No. 21 Changes in the Landscape for Accountants in Public Practice Who Prepare Financial Statements
SSARS No. 21 represents the most significant changes to the compilation and review literature in decades, and draws a bright line between accounting and reporting services.
Published on November 19, 2014