Compilation and Review Services

Professional Standards:  The following resources and information will be helpful tools in providing compilation and review services and will help you understand and stay informed of new developments
Published on December 28, 2012

Compilation and Review Standards Comment Letters

Comment Letters:  TIC Comment Letters provide the PCPS Technical Issues Committee’s (TIC) views on proposed technical standards affecting small businesses. This page contains TIC comment letters pertaining to recent proposals issued by the AICPA Audit & Attest Standards Team.
Published on January 29, 2013

SSARS No. 19 Toolkit PCPS Members

Overview:  SSARS No. 19 impacts compilations and reviews of financial statements for periods ending on or after December 15, 2010. Early implementation of the requirements and guidance allowing the disclosure of the reasons for independence...
Published on February 20, 2013

Comparative Overview of Compilation, Review, and Audit Brochure - Customizable

Brochure:  Here you'll find the customizable comparative overview of compilation, review, and audit brochure. This brochure is provided to assist you in educating your client in the differences between compilation, review and audit engagements, and has been updated for...
Published on April 03, 2013

Comparative Overview of Compilation, Review, and Audit Brochure - Non Customizable

Brochure:  Here you'll find the non customizable comparative overview of compilation, review, and audit brochure. This brochure is provided to assist you in educating your client in the differences between compilation, review and audit engagements, and has been updated for...
Published on April 03, 2013

Comparative Overview What is the Difference Between a Compilation, a Review and an Audit

Brochure:  The Comparative Overview brochure was created assist you in educating your client in the differences between compilation, review and audit engagements, and has been updated for SSARS No. 19 guidance
Published on February 20, 2013

ARSC ED, Association with Unaudited Financial Statements and Compilation of Financial Statements, including Special Cons...

Comment Letter:  In this comment letter, TIC comments on ARSC Exposure Draft (ED) of Proposed Statements on Standards for Accounting and Review Services (SSARSs).
Published on January 11, 2013

2011 Technical Issues Alert

Overview:  Prepared by the AICPA’s Private Companies Practice Section Technical Issues Committee to inform CPA firms about new and proposed accounting, auditing, compilation/review and ethics standards that will affect small business clients and about TIC’s advocacy efforts on their behalf
Published on February 17, 2012

2012 Technical Issues Alert

Overview:  The Technical Issues Alert is prepared by the PCPS Technical Issues Committee to inform CPA firms about new and proposed accounting, auditing, compilation/review and ethics standards that will affect small business clients
Published on December 21, 2012

TIC Technical Issues Alert

Newsletter:  The Technical Issues Alert is prepared by the PCPS Technical Issues Committee to inform CPA firms about new and proposed accounting, auditing, compilation/review and ethics standards that will affect small business clients
Published on April 03, 2013

2013 Technical Issues Alert

Article:  Prepared by the AICPA’s Private Companies Practice Section Technical Issues Committee to inform CPA firms about new and proposed accounting, auditing, compilation/review and ethics standards that will affect small business clients and about TIC’s advocacy efforts on their behalf
Published on February 04, 2013

Technical Issues Alert for March 2013

Newsletter:  In this issue: Insights to the ASB and to ARSC proposals; TIC Comments on a Proposed FRF for SMEs; OMB Proposes Circular A-133 Revisions; ARSC Withdraws Compilation and Association Proposal; and more
Published on March 12, 2013

SSARS No. 19 Educate Your Client Communications Template

Template:  Here you will find a client newsletter or web site template you can use to explain the difference between a compilation, a review and an audit via your firm’s client newsletter or your web site. This template incorporates the new SSARS 19 language
Published on April 03, 2013

SSARS No. 19 Overview Powerpoint

Presentation:  ...points of Statements on Standards for Accounting and Review Services (SSARS) No. 19 and direct you to resources to help you apply the new standard in your financial statement compilation and review engagements
Published on September 24, 2010

TIC Comment Letters

Comment Letters:  TIC is a committee of CPA practitioner volunteers working to represent the views of local firms and their clients in the standards-setting process. TIC comment letters provide views and informed recommendations submitted by TIC, in support of private firms.
Published on February 12, 2013