AICPA Professional Standards Overview
AICPA Professional Standards offers a comprehensive source of pronouncements issued by the AICPA. Pronouncements are arranged by subject with amendments noted, superseded portions deleted, and conforming changes reflected
Published on July 19, 2013
CPA Obligations for Addressing Errors and Omissions
Both Circular 230 and AICPA professional standards impose obligations on CPAs who encounter errors or omissions on prior-year tax returns
Published on May 02, 2010
Conflicts of Interest IRS Rules Differ from AICPA Professional Standards
Circular 230 forbids federal tax practitioners from having conflicts of interest, defined as representation of one client that is directly adverse to that of another client, or representing a client in circumstances creating a significant risk that the representation of one or more clients will be materially limited by the
Published on January 08, 2013
Practice Aids and Other Publications
A description of Practice Aids and other publications available.
Published on February 04, 2014
Ethical Considerations in Reporting Use Taxes on State Income Tax Returns
...a liability for state use taxes on their individual income tax returns, practitioners will have to explain to clients their obligations in reporting use tax liability and address the professional standards for reporting use tax on a state income tax return
Published on March 18, 2013
New Compilation and Review Engagements Standard
In December 2009, the Accounting and Review Services Committee (ARSC) issued Statement on Standards for Accounting and Review Services (SSARS) No. 19, Compilation and Review Engagements (AICPA, Professional Standards), which includes the most significant changes to the compilation and review standards since 1978
Published on November 06, 2012
Have You Audited Your Firms IT
Since its inception, information technology (IT) audit has been an enigma to many auditors, CPAs and business professionals. IT has sometimes been seen as more of a simple business tool than a business risk. Auditors and management have trouble separating the nature of IT problems (i.e...
Published on June 01, 2011
Interpretations of SSTS No.1, Tax Return Positions
Recently issued revised and updated interpretations of the AICPA’s SSTS No.1, Tax Return Positions, provide guidance to practitioners on tax reporting standards when recommending return positions or preparing or signing returns
Published on April 30, 2012
Independence and Ethics
A description of products available on independence and ethics.
Published on June 19, 2013
General Guidance for Accountants and Auditors
A description of publications available on general corporations.
Published on November 01, 2013