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 16739
Order by:


Statement on Standards in Personal Financial Planning Services

Professional Standards SSPFPS provides authoritative guidance and establishes enforceable standards for members who provide PFP services to assist them in fulfilling their professional responsibilities.
Published on July 28, 2016

AICPA Will Finance Assurance Research

Article Accounting Today reported that the AICPA is planning to fund academic research on audit and assurance services. “The AICPA’s Assurance Research Advisory Group issued a request for proposals Monday seeking research on assurance topics that would be of i
Published on July 28, 2016

What the New Association of AICPA and CIMA Means for You

Article In a column for AccountingWEB, Xero’s Amy Vetter writes, “You’ve probably heard the news: The membership bodies of the AICPA and CIMA overwhelmingly voted to create a new international accounting association that will represent more than 600,000 accou
Published on July 28, 2016

Tax Practice Management

Overview Tax Practice Management webpage that provides guidance, tools, resources, and learning opportunities. Also provides access to additional resources for tax section members around practice management.
Published on July 28, 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 July 28, 2016

Best Practices to Calculate, Track, and Maintain Basis Worksheets Presentation Slides

Webcast Archive Industry experts will provide a practical discussion on S-election considerations, BIG tax complexities, why it is important to track basis, the difference between stock and debt basis, what items increase/decrease basis, and more. This webcast explores opportunities and pitfalls that impact S corporations and their shareholders.
Published on July 28, 2016

Information Management and Technology Assurance

Overview An overview of the AICPA's Information Management and Technology Assurance section.
Published on July 28, 2016

What Does it Take to Become a CPA Financial Planner

Overview Learn why a career as a CPA financial planner or Personal Financial Specialist may be right for you!
Published on July 28, 2016

5-Steps to a Career as a CPA Financial Planner

Article If you enjoy interacting with people, are good with numbers, have an interest in personal finance, a career as a CPA financial planner or CPA/Personal Financial Specialist (PFS) may be right for you.
Published on July 28, 2016

Not-for-Profit

Overview The Not-for-Profit Section of AICPA is a community for not-for-profit professionals and their business advisors.
Published on July 28, 2016

Not-for-Profit CPE & Events

Article AICPA Not-for-Profit Section members receive exclusive discounts on AICPA NFP products and resources. Join today, and make the most of your membership discounts with this selection of popular
Published on July 28, 2016

Schedule of Upcoming GAQC Web Events

Webcast This page contains a table with Upcoming GAQC Web Events and will include titles, dates, and calendar invites.
Published on July 28, 2016

The Practicing CPA- Large Firm (Archived articles)

Overview This archive page contains past acticles from The Practicing CPA written for large firms to provide information on practice management issues and new technical developments and deliver related practitioner perspectives.
Published on July 28, 2016

The Practicing CPA- Feature Focus (Archived articles)

Overview This archive page contains past feature focus acticles from The Practicing CPA written for all firm sizes to provide information on practice management issues and new technical developments and deliver related practitioner perspectives.
Published on July 28, 2016

The Practicing CPA- Sole Practitioner (Archived articles)

Overview This archive page contains past acticles from The Practicing CPA written for sole practitioners to provide information on practice management issues and new technical developments and deliver related practitioner perspectives.
Published on July 28, 2016

Page  1 2 3 4 5 >> 
Showing results 1 – 15 of 16739
Show Results per page
Copyright © 2006-2016 American Institute of CPAs.