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
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
Attestation Clarity Project
The ASB Attestation Clarity Project, similar to the ASB Auditing Clarity Project, is underway. Keep up with the latest information.
Published on July 24, 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 The required wording that the engagement could not be
Published on April 02, 2013
Accounting for the Sustainability Cycle
Global interest in sustainability continues to evolve at a rapid pace on a very broad scope, including shifts to integrated reporting and assurance on sustainability reports. This proliferation has occurred largely without adequate representation from the accounting profession in the United States. Accordingly, this paper encourages accountants to
Published on October 23, 2013
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
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
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
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
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 December 06, 2013