Fraudulent Financial Reporting 1998-2007, An Analysis of U.S. Public Companies
This slide deck contains an overview of the COSO Research Study: Fraudulent Financial Reporting: 1998-2007, An Analysis of U.S. Public Companies.
Published on July 15, 2011
Understanding the Entity
...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
Understanding the Entity
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 The required wording that the engagement could not be
Published on April 02, 2013
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
COSO Releases Updated Internal Control Framework
Information on the updated COSO document, Internal Control - Integrated Framework.
Published on May 16, 2013
Planning and Supervision
This excerpt from the the AICPA's 2012 Audit Guide Assessing and Responding to Audit Risk in a Financial Statement Audit contains excerpted guidance on the risk assessment procedures.
Published on May 14, 2012
Continuous Assurance Working Group
The Assurance Services Executive Committee (ASEC) Emerging Assurance Technologies Task Force is responsible for developing a conceptual framework and guidance to capitalize on emerging technologies affecting the business information supply chain, covering both internal and external reporting.
Published on January 28, 2013
Financial Reporting Center News and Newsletter Archive
Keeping up with the news, whether breaking or far-reaching, is critical to the success of certified public accountants in practice. Whether in public accounting or in an industry position, when news breaks, find it here. Here you will also find an archive of the Financial Reporting Newsletter.
Published on May 22, 2013
Accounting and Financial Reporting - Trending Now
In addition to the FASB “big three” proposals on revenue recognition, leases, and financial instruments, FASB has a number of outstanding proposed standards designed to enhance reporting requirements with regard to balance sheet
Published on November 08, 2012
Recently Issued Technical Questions and Answers
The questions and answers in this section are not sources of established authoritative principles. This material is based on selected practice matters identified by the staff of the AICPA's Technical Hotline and various other bodies within the AICPA and has not been approved, disapproved, or otherwise acted upon by any
Published on March 22, 2013