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Engagement Letter

Publication This excerpt from the 2013 new edition of Audit and Accounting Guide Employee Benefit Plans discusses engagement letters
Published on June 12, 2013

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 The required wording that the engagement could not be
Published on April 02, 2013

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

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

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

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

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

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

Expert Panel - Employee Benefit Plans

Article The Employee Benefit Plan Expert Panel serves to protect the public interest and serves the needs of AICPA members on financial reporting and audit services for employee benefit plans by bringing together knowledgeable parties in this specialized area. This page contains additional information about the panel.
Published on June 12, 2013

Industry Insights

Article This Industry Insights page contains links to various guidance and expert panel information for key industries for accounting and auditing professionals.
Published on June 12, 2013

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

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

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AICPA Tax Membership Section

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Compilation and Review Engagements - AICPA Guide

Provides interpretive guidance on the requirements of Statements on Standards for Accounting and Review Services (SSARS) for compilation & review engagements. Contains illustrative engagement and representation letters, illustrative accountants compilation and review reports, detailed illustrations (including illustrative client inquiries), and case studies.



Service Organizations: Reporting on Controls at a Service Organization Relevant to User Entities' Internal Control Over Financial Reporting Guide

Considered the industry standard resource and updated as of May 2013, this Guide helps CPAs effectively perform service organization control (SOC) 1 engagements under Statement on Standards for Attestation Engagements (SSAE) No 16

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