Audit, Attest, and Quality Control ASB Comment Letters
ASB comment letter to other organizations.
Published on July 18, 2014
Compilation and Review - ARSC Comment Letters
Listing of ARSC compilation and review comment letters.
Published on February 14, 2013
The AICPA aggressively pursues the interests of its membership through active participation with international regulators and standard setters.
Published on June 02, 2014
Financial Reporting Advocacy
The AICPA monitors and advocates on financial reporting matters affecting the accounting profession. The Financial Reporting Executive Committee (FinREC), Auditing Standards Board (ASB), and Accounting and Review Services Co
Published on February 06, 2014
History of the 7th Edition of the UAA
In May 2014, the AICPA and National Association of State Boards of Accountancy (NASBA) released the 7th edition of the Uniform Accountancy Act (UAA). The UAA is an "evergreen" model licensing law developed to provide a uniform approach to regulation of
Published on May 27, 2014
AICPA Monitoring PCAOB Forums for Auditors of Smaller Broker-Dealers
The CPA Advocate: August, 2012. The AICPA continues to advocate for a final PCAOB rule requiring inspections of auditors of clearing, carrying and custodial broker-dealers because these broker-dealers directly handle investor funds.
Published on September 19, 2012
Potts v. SEC
Brief of amicus curiae for the AICPA in support of the petition of Robert D. Potts. The SEC sanctioned Potts for ""improper professional conduct"" in performing duties as a concurring reviewer during an audit of certain financial statements in 1988 and 1989.
Published on April 02, 2013
AICPA Comments on Proposed Revisions to GAOs Green Book
The CPA Advocate: March, 2014. The AICPA’s major recommendation is that GAO more closely align the Green Book language to COSO “except for situations where the government environment is truly different.”
Published on March 27, 2014
House Financial Services Panel Looks at Dodd-Frank Whistleblowing Rules
The CPA Advocate: May, 2011. Deloitte Deputy CEO and Vice-Chairman Robert Kueppers testified at House hearing that accounting profession is cocnerned Dodd-Frank Act does not take into account SOX internal reporting requirements.
Published on September 02, 2011
Audits of Federal Funds (Single Audits)
Entities that receive federal funds including states, local governments, and not-for-profit organizations (NPOs), are subject to audit requirements commonly referred to as “single audits” under the Single Audit Act of 1984, as amended in 1996. The Single Audit Act was enacted to standardize the requirements for auditing federal programs.
Published on March 28, 2013