AICPA ASEC Whitepaper Final April 2008

Report:  ...The Assurance Services Executive Committee publishes, ""The Shifting Paradigm in Business Reporting and Assurance"" to highlight significant, fundamental changes already impacting the content, format, & reliability of business information exchanged in the...
Published on April 28, 2008

Technology Links

Article:  ...Dell Computer Corporation Dell Computer Corporation ICSA.net ICSA.net provides security assurance services for Internet-connected companies. ICSA.net supports both corporate-user and the vendor/supplier communities with critical industry dat
Published on July 16, 2012

Audit and Attest Standards Team

Objectives or Roster:  Part of the Auditing Standards Board's (ASB) mission is to promote high quality, objective audit and attestation services at a reasonable cost and in the best interests of the profession and the beneficiaries of those services, with the ultimate purpose of serving the public interest.
Published on July 15, 2011

AU section 316

Professional Standards:  This section establishes standards and provides guidance to auditors in fulfilling the responsibility to plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement (AU section 110) as it relates to fraud in an audit of financial statements conducted in accordance
Published on October 02, 2012

AU section 230

Professional Standards:  ...exercise due professional care in the performance of the audit and the preparation of the report. The section also requires that the auditor exercise professional skepticism and have reasonable assurance that the financial statements are free of material misstatement
Published on October 02, 2012

Core Services

Overview:  In preparation for CPA Horizons 2025, leading futurist consulting group Weiner, Edrich and Brown, (WEB) evaluated the 5 Core Services that came out of the 1998 CPA Visions Project. Here are some of their insights.
Published on February 04, 2011

Letters of Comment on Exposure Draft of Proposed SSARSs Review of Financial Statements and Review of Financial Statement...

Overview:  Written Comments on the exposure draft will become part of the public record of the AICPA and will be available for public inspection at the offices of the AICPA after April 26, 2013, for 1 year.  Responses should be sent to Mike Glynn at mglynn@aicpa.org and should be received by
Published on May 10, 2013

The AICPAs Guide to Clarified and Converged Standards for Auditing and Quality Control

White Paper:  The AICPA’s Auditing Standards Board (ASB) is nearing completion of its Clarity Project. The goal of the Clarity Project is to make U.S. generally accepted auditing standards (GAAS) easier to read, understand, and apply. As the ASB redrafted the standards for clarity, it also converged the standards with International Standards
Published on July 14, 2011

Global Forces

Overview:  As with the CPA Vision process, CPA Horizons 2025 is considering the political, economic, social, technological, human resource and regulatory forces that are changing and re-shaping the globe and impacting business, finance and economic communities.  
Published on June 03, 2011

CPA Visions - Top Fives

Overview:  The Take Away The 1998 Visions Project focused on top five definitions covering 15 core items that defined the CPA profession. These definitions were so accepted and so universal in defining the profession that it was agreed that the Horizon 2025 project
Published on February 04, 2011

ET Section 391 - Ethics Rulings on Responsibilities to Clients

Article:  ET Section 391 - Ethics Rulings on Responsibilities to Clients
Published on September 14, 2011

Clarified Statements on Auditing Standards

Professional Standards:  Clarified Statements on Auditing Standards (SASs), issued by the Auditing Standards Board (ASB), are effective for audits ending on or after December 15, 2012, and will replace existing SASs in 2014. Until then, both SASs and clarified SASs are available within AICPA Professional Standards.
Published on January 15, 2013

Audit Standards Board Members Biographies

Article:  The 19 members of the ASB includes 5 members from local, regional and other non big four national firms; 5 members nominated by NASBA; 4 members from the big four firms; and 5 users and public members.
Published on January 15, 2013

ASB Meeting Agenda and Materials July 2012

Meeting Materials:  Meeting Date:  July 31-August 2, 2012 Place:  Minneapolis, MN Hyatt Regency Minneapolis 1300 Nicollet Mall Minneapolis, MN  55403 Please visit the hotel website for more information regarding this hotel, such as amenities, restaurants, directions
Published on July 27, 2012

ARSC Member Biographies

Biography:  ARSC consists of 7 members, all of whom are AICPA members. Members are appointed to achieve an appropriate representation among small and medium firms actively involved in the provision of compilation and review services.
Published on November 20, 2012