SSARS No. 19 Implementation Getting Ready for 2010 Engagements
In the first of a three-part series of reports addressing how to implement SSARS No. 19, these materials address, in capsule summary form, the major changes that need to be considered in compiling and reviewing financial statements beginning with calendar-year 2010 statements.
Published on June 09, 2010
New TPA Guidance Management Representations
The AICPA recently issued a new TPA that addresses whether management representations on prior period are required when only single year financial statements are presented
Published on October 22, 2014
AU-C Section 580 Written Representations From Management
In implementing the clarified auditing technical literature guidance, auditors will notice some new guidance associated with written representations from management that are required to be obtained in each financial statement audit
Published on January 02, 2013
Compilation & Review Engagements Addressing Supplementary Information Issues
Now that practitioners have completed the first cycle of performing compilation and review engagements using the requirements in SSARS No. 19, questions have been raised as to whether supplementary information issues have been addressed appropriately in these engagements.
Published on June 22, 2011
Compilation and Review Engagements Focusing on Some Documentation Miscues
As practitioners are planning to perform calendar-year 2013 compilation and review engagements, it might be helpful to focus on some frequently-encountered documentation deficiencies that are noted in these type engagements.
Published on December 18, 2013
Personal Financial Statements Exhibit to the Compilation and Review Guide
December 8, 2010 In October 2010, the AICPA released an Exhibit that will be included in the 2011 Edition of the AICPA Guide, entitled Compilation and Review Engagements. Since neither SSARS No. 19, entitled Compilation and Review Engagements, no
Published on December 08, 2010
SSARS No. 19 Reporting on Personal Financial Statements
In developing SSARS No. 19 and the related AICPA Guide, special issues associated with compiling and reviewing personal financial statements [PFS] are not addressed.
Published on September 14, 2010
Some Continuing Issues in Compilation & Review Engagements
Each year, the AICPA updates and compiles a listing of recurring deficiencies where the deficiencies are frequently-encountered in practice, and where the issues often are noted as a result of the peer review process.
Published on January 07, 2009
AU-C Section 810 Reporting on Summary Financial Statements
In implementing the clarified auditing technical literature guidance, auditors will notice some new requirements and guidance associated with circumstances where they are engaged to report separately on summary financial statements derived from audited financial statements.
Published on February 27, 2013
Some Frequently Asked Questions and Answers
Recently, several questions have been raised related to how certain technical literature guidance should be implemented appropriately. These questions relate to subsequent events issues, material uncertainty issues, and independence issues.
Published on January 06, 2010