AU-C section 240

Professional Standards:  This section addresses the auditor’s responsibilities relating to fraud in an audit of financial statements
Published on October 03, 2012

AU section 316

Professional Standards:  ...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 314

Professional Standards:  ...a sufficient understanding of the entity and its environment, including its internal control, to assess the risk of material misstatement of the financial statements whether due to error or fraud, and to design the nature, timing
Published on October 02, 2012

Associations Other Links

Article:    Accounting Hall Of Fame The Accounting Hall of Fame was established at The Ohio State University in 1950 for the purpose of honoring accountants who have made or are making significant contributions to the advancement of accounting since the
Published on May 10, 2013

Meeting Agenda and Materials for June 21-24, 2010, ASB Meeting

Meeting Materials:  Auditing Standards Board Meeting Agenda and Materials June 21-24, 2010
Published on September 21, 2012

Meeting Agenda and Materials for January 11-14, 2010, ASB Meeting

Meeting Materials:  Meeting Agenda and Materials for January 11-14, 2010 Auditing Standards Board Meeting.
Published on July 15, 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

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

ET Section 101 - Independence

Professional Standards:  .01 Rule 101—Independence. A member in public practice shall be independent in the performance of professional services as required by standards promulgated by bodies designated by Council. [As adopted January 12, 1988.] Interpretations under Rule 101
Published on April 11, 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

Statements on Auditing Standards

Article:  Statements on Auditing Standards (SASs) are issued by the Auditing Standards Board (ASB), the senior technical body of the AICPA designated to issue pronouncements on auditing matters applicable to the preparation and issuance of audit reports for nonissuers.
Published on January 08, 2013