Browse

By Industry


By Area of Interest


By Date


By Document Type


By Topic


Member Only Content

Archived 2009 Team or Review Captain Checklists 

Updates – 2009 Engagement Checklists and Practice Aids

The 2009 version of all documents are in PDF format. The PDF version will allow users to easily complete the checklists, eliminate formatting issues, allow users to save and print, and does not require the purchase of additional software. The latest version of Adobe Reader is available for free at http://www.adobe.com/products/acrobat/readstep2.html.

If you do not currently have a subscription for the manual or need to follow up on your subscription, you should contact the AICPA Store at www.cpa2biz.com.

General Notes:

Each section of the manual has been updated for the revised Peer Review Standards, effective January 1, 2009.

The Quality Control Questionnaires (sections 4300 and 4400) were updated in 2009. If the appropriate questionnaire is completed by the firm in adequate detail prior to January 1, 2009, it can normally be used to comply with Statement on Quality Control Standards No. 7, effective January 1, 2009. The questionnaires are not intended to be used as the quality control document for large firms with complex systems of quality of control.

Section 22,300, the “Financial Reporting and Disclosure Checklist,” is required for the general audit, and also the general review and compilation with full disclosure engagement checklists. It is not required for compilations that omit substantially all disclosures.

Update to HUD Audit Guide

At the time of the development of the checklists, HUD was, and still is, in the process of updating the HUD audit guide on a chapter-by-chapter basis. This approach by HUD has made it difficult to update the HUD checklist. The status of each chapter is included in the instructions to the HUD Checklist (Section 22,090), along with the related effective dates. Therefore, in reviewing chapters that have been updated by HUD, reviewers should use the HUD checklist in conjunction with the updated chapter from the HUD audit guide. Upon completion of the HUD audit guide overhaul, this checklist will be revised to be consistent with the guide. Reviewers should also note that although chapter 2 of the HUD audit guide has not been updated in its entirety as of the date of this checklist, HUD has issued two internal control illustrative auditor’s reports (Exhibits B and B-1) to incorporate terminology from SAS 112, Communicating Internal Control Related Matters Identified in an Audit.

Changes to ERISA Industry Codes

The ERISA Industry Codes have been revised for the 2009 documents. The codes no longer differentiate between limited and full scope audits. A separate code has been created for ESOP plans.

Additional Documentation

As with the previous checklists in MS Word, if additional documentation is necessary for any checklist or practice aid item, the reviewer should attach separate pages, with the additional documentation, to the checklist or practice aid.

Digital Signature

The checklists and practice aids in PDF format allow the documents to be digitally signed. However, the documents can still be printed and signed manually, as well.

The 2009 documents must be used for all peer reviews commencing on or after January 1, 2009.

Open Hide documents in this section

Page  1 2 3 4 5 >> 
Showing results 1 - 15 of 16193
Order by:


Starwood Hotels

Article AICPA offers member discounts on  Starwood Hotels and Resorts.
Published on May 27, 2016

Tax CPE & Learning

Overview The AICPA Tax Section schedules webcasts and events that focus on many current tax issues that impact tax practices and business and industry members. This page provides registration links and other information on upcoming learning opportunities.
Published on May 26, 2016

Not-for-Profit

Overview The Not-for-Profit Section of AICPA
Published on May 26, 2016

ARSC Meeting May 17-19, 2016

Meeting Materials Meeting Agenda and Materials for May 17-19, 2016 ARSC Meeting
Published on May 26, 2016

Management Accounting Classroom Materials

Classroom Resources This page provides management accounting classroom materials and resources.
Published on May 26, 2016

AICPA Member Discount Program

Article The AICPA offers discounts on products and services from premium brands to its members.
Published on May 26, 2016

Technical Quality and Services Delivery

Overview Quality & Services Delivery abstract:  Keep up with tax changes, accounting & auditing standards and use plain English tools and guidance to understand new requirements and in communicating with professional staff and clients.  Understand peer review processes and quality control document requirements while also staying abreast of news in the
Published on May 26, 2016

Small Securities Issuer Snapshot

Issue Brief On March 25, 2015, an existing exemption from registration for smaller securities issuers was updated and expanded.The AICPA has gathered details to assist.
Published on May 26, 2016

Equity Crowdfunding Snapshot

Issue Brief Equity crowdfunding allows small businesses to raise capital by offering equity to any investor without registering with the SEC. The AICPA has provided a snapshot of the detailed rules and regulations.
Published on May 26, 2016

Addressing Small Business Client Concerns

Overview Obtain information specific to addressing your clients’ concerns. We have gathered information from surveys that indicate small business owners’ pain points and have developed resources for you to use in showcasing your value and knowledge to your clients on need to know topics.
Published on May 26, 2016

DOL Overtime Rule Sample Newsletter blurb

Tools The DOL released a final rule that radically increases the thresholds for overtime rules, expanding the number of employees eligible for overtime pay. CPAs can use this sample blurb to communicate to clients about the rule and showcase the CPAs knowledge of the issue while also easing clients concerns.
Published on May 26, 2016

PCPS TIC Comment Letters

Comment Letters TIC is a committee of CPA practitioner volunteers working to represent the views of local firms and their clients in the standards-setting process. TIC comment letters provide views and informed recommendations submitted by TIC, in support of private firms.
Published on May 26, 2016

PCPS TIC Ethics Standards Comment Letters

Comment Letters TIC Comment Letters provide the PCPS Technical Issues Committee’s (TIC) views on proposed technical standards affecting small businesses. This page contains TIC comment letters on proposed standards from the AICPA Professional Ethics Division.
Published on May 26, 2016

Tax Executive Committee

Roster The TEC helps the Tax Division achieve its mission to "serve the public interest by assisting AICPA members to be the most trusted professional providers of tax services, and by advocating sound tax policy and effective tax administration."
Published on May 26, 2016

Tax Practice and Procedures Committee

Article The Tax Practice and Procedures Committee monitors developments in and changes to IRS procedural and administrative guidance.
Published on May 26, 2016

Page  1 2 3 4 5 >> 
Showing results 1 – 15 of 16193
Show Results per page
Copyright © 2006-2016 American Institute of CPAs.