Practice Aids and Other Publications 

    Audit and Accounting Manual


    Audit and Accounting Manual is developed exclusively for small- and medium-sized CPA practices and contains useful techniques and procedures conducted by engagement practitioners. The manual explains in a practical, plain English format engagement steps, including planning and performing procedures and issuing reports. It also provides guidance for internal controls, audit documentation guidelines, and illustrative reports for confirmation letters, engagement and representation letters, and auditor's reports.

    Audit and Accounting Manual also includes several Alerts published by the AICPA, including Audit Risk Alert Understanding the Responsibilities of Auditors for Audits of Group Financial Statements, Audit Risk Alert General Accounting and Auditing Developments, Compilation and Review Alert Compilation and Review Developments, and Alert Independence and Ethics Developments. Alerts keep practitioners updated on recent practice issues and professional standards that affect industry specific engagements. Alerts also help practitioners identify significant business risks that may result in the material misstatement of a client's financial statements. This edition includes a full reprint of the Practice Aid Establishing and Maintaining a System of Quality Control for a CPA Firm’s Accounting and Auditing Practice.

    This manual has been fully conformed to reflect the new standards resulting from the Clarity Project and provides illustrative examples, sample forms, and helpful techniques that small-and medium-size firms need to streamline their audit engagements.

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    Technical Practice Aids


    Technical Practice Aids is a source of various authoritative and nonauthoritative or implementation guidance issued by the AICPA and the Public Company Accounting Oversight Board (PCAOB). Technical Practice Aids includes
    • questions and answers issued by the AICPA on a variety of accounting, auditing, and industry topics.
    • implementation guidance issued by the staff of the PCAOB.
    • Trust Services Principles, Criteria, and Illustrations.
    • AICPA auditing and attestation Statements of Position.

    Recently issued technical staff questions and answers are available on a variety of topics.

    Practice Aids

    2011 Yellow Book Independence - Nonaudit Services Documentation

    Accounting and Financial Reporting Guidelines For Cash- and Tax-Basis Financial Statements

    Applying OCBOA in State and Local Governmental Financial Statements

    Auditing Recipients of Federal Awards: Practical Guidance for Applying OMB Circular A-133 (under development)

    Establishing and Maintaining a System of Quality Control for a CPA Firm's Accounting and Auditing Practice

    Related-Party Audit Considerations: A Case Study Approach

    Using a SOC 1sm Report in Audits of Employee Benefit Plans

    AICPA Online Professional Library

    When you subscribe to any one of the many subscription options on AICPA Online Professional Library, you're not only getting access to the most up-to-date guidance and tools, you are also linked to all of the relevant and related literature, including the FASB and GASB libraries.

    Many publications and libraries may be of value to those interested in additional guidance:

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