Understanding the Entity
Article:
...One of the more common peer review matters identified in compilation engagements is related to engagement letters. Some of these matters include: Missing or lacking required signatures. The required wording that the engagement could not be
Published on April 02, 2013
Understanding the Entity
Article:
...One of the more common peer review matters in review engagements relates to the engagement letter. Some examples of matters identified include: The required wording that the engagement could not be relied upon to disclose errors, fraud, or illega
Published on July 22, 2011
Resources for SSARS No. 19
Article:
SSARS No. 19 represents one of the largest changes to the compilation and review standards since their creation. The AICPA offers a vast amount of implementation guidance and training on SSARS No. 19, including guides, risk alerts, toolkits and continuing professional education. Begin here to learn more.
Published on December 21, 2012
Communication With Those Charged With Governance
Article:
...One of the more common peer review matters identified in audit and attest engagements is related to the auditor's communication with those charged with governance and specifically the a failure to document those communicatio
Published on April 03, 2013
Improving the Clarity of Auditing Standards
Article:
The overall goal of the Clarity Project, a multiyear project of the Auditing Standards Board was to make the standards easier to read, understand and implement and to converge them with the International Standards on Auditing. Although the purpose of redrafting the auditing standards is for clarity and convergence and
Published on April 25, 2013
Management Representations
Article:
...One of the more common peer review matters identified in review engagements relates to the representation letter. Some examples of matters found include: Comparative financial statements were issued but the representation letter
Published on July 26, 2011
News From the Financial Reporting Center - October 15, 2012
Newsletter:
Downloadable version of the August 15, 2012 Financial Reporting Center Newsletter Contents: New Audit Tools Available to Increase Efficiency and Effectiveness: Risk Assessment and Engagement Letters New Technical Questions and Answers for the Insurance Industry
Published on January 30, 2013
News From the Financial Reporting Center - October 15, 2012
Newsletter:
Downloadable version of the August 15, 2012 Financial Reporting Center Newsletter Contents: New Audit Tools Available to Increase Efficiency and Effectiveness: Risk Assessment and Engagement Letters New Technical Questions and Answers for the Insurance Industry
Published on January 30, 2013
Communicating Internal Control Matters Identified in an Audit
Publication:
This excerpt from the AICPA's 2012 Audit Guide Assessing and Responding to Audit Risk in a Financial Statement Audit discusses to communicate internal control matters identified in an audit.
Published on May 14, 2012
Compilation Services
Article:
...If you perform compilation engagements
Published on May 14, 2013
Proposed Revisions to Ethics and Compilation Standards
Article:
Two exposure drafts, proposed by PEEC and ARSC, have the potential to make significant changes to the landscape of compilation and review services. Get the information you need to voice your opinion.
Published on April 02, 2013
Authoritative Level of Audit, Attest, Compilation, and Review Publications
Article:
This page outline the three levels of authority for auditing, attestation, and compilation and review publications. Also included are links to authoritative standards and the publications that fall within each category.
Published on January 03, 2013
Audit and Attest Services
Article:
...If you perform audit and attest engagements, the information and resou
Published on March 21, 2013
XBRL
Article:
...how XBRL works, potential benefits and uses, summary of SEC Rules for Interactive Data. There are also links to XBRL related webcasts, articles, cpe products, Q&As and comment letters
Published on January 29, 2013
ARSC Clarity Project
FAQ:
The Accounting and Review Services Committee continues to work to clarify the Statements on Standards for Accounting and Review Services and have released an updated timeline for their completion.
Published on January 28, 2013