Defining Business Value
Background and supporting information for EBRC/Gartner KPI Initiative. Describes who is involved and th goals and objectives of the project
Published on June 28, 2010
Attest Clarity Project
The ASB Attestation Clarity Project, similar to the ASB Auditing Clarity Project, is underway. Keep up with the latest information.
Published on March 12, 2013
Authoritative Level of Audit, Attest, Compilation, and Review Publications
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
Private Company Financial Reporting Committee Activities
The Financial Accounting Standards Board (FASB) and the American Institute of Certified Public Accountants (AICPA) have embarked on a major initiative to further improve the FASB’s current standard-setting process to consider the needs of private com
Published on July 15, 2011
SAS Clarity - Group Audits
AU-C 600, Audits of Group Financial Statements, is one of the most significant changes as a result of the Auditing Standards Board's Clarity Project. Find additional information and guidance for understanding the changes created by the ASB's Clarity Project.
Published on April 03, 2013
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 The required wording that the engagement could not be
Published on April 02, 2013
Audit Data Standard Working Group
ASEC’s Emerging Assurance Technologies Task Force established the Audit Data Standard working group to help develop new technologies that will contribute to the effectiveness, timeliness, and efficiency of the audit process.
Published on October 23, 2012
Understanding the Entity
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
From time to time, the AICPA develops white papers in order to assist those in practice with new, emerging, or hot topics. All of the white papers are listed herein.
Published on March 27, 2013
Report on Controls at a Service Organization Relevant to User Entities’ Internal Control over Financial Reporting These reports, prepared in accordance with Statement on Standards for Attestation Engagements (SSAE) No. 16, Reporting on Controls at
Published on May 07, 2013
ARSC Clarity Project
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
Improving the Clarity of Auditing Standards
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
Service Organization Controls (SOC) Reports for Service Organizations
Service Organization Controls (SOC) reports are designed to help service organizations, organizations that operate information systems and provide information system services to other entities, build trust and confidence in their service delivery processes and controls through a report by an independent Certified Public Accountant. Each type of SOC report is designed to help
Published on April 08, 2013
Current Economic Crisis Going Concern Considerations2012
The ongoing economic instability requires additional significant consideration of an entities ability to continue as a going concern. The AICPA has gathered valuable information related to this consideration.
Published on December 21, 2012
AICPA Service Organization Control Reports Logos
SOC 1, SOC 2 and SOC 3 and the associated logos are trademarks, service marks and certification marks of the American Institute of Certified Public Accountants (AICPA), which reserves all rights. AICPA has
Published on February 24, 2012