Client Communication Letter Template
As the Clarified Auditing Standards are implemented, clients will see new language in engagement letters and audit reports, along with changes in audit procedures. You can use the template provided in the toolkit to introduce the general changes to your clients
Published on April 03, 2013
Clarified Auditing Standards Toolkit PCPS Members
The Clarified Auditing Standards Toolkit has been developed to assist you and your firm in the implementation process to the new SAS Nos. 122-125 standards.
Published on July 30, 2013
Try Something New This Busy Season
...S. Chapiro, CPA and Donald J. Snyder, CPA, in the January issue of The Practicing CPA e-newsletter discusses their firm’s busy season preparation process for tax and audit clients. They also identify new process ideas which will be implemented this year. In addition
Published on January 28, 2014
SAS Nos. 104-111 Risk Assessment Standards Toolkit
The SAS Nos. 104-111 Risk Assessment Standards toolkit gives you an overview of the standards and provide you with tools to assist you in educating and communicating the impact of the risk assessment standards with your clients.
Published on August 12, 2013
Let Your Voice Be Heard!
The feature focus article in the December issue of The Practicing CPA e-newsletter provides details regarding ARSC’s exposure draft and provides steps practitioners can take to provide comments. This article discusses details about the revised compilation standard, the new preparation standard and the new association standard.
Published on December 23, 2013
SSARS No. 19 Toolkit PCPS Members
SSARS No. 19 impacts compilations and reviews of financial statements for periods ending on or after December 15, 2010. Early implementation of the requirements and guidance allowing the disclosure of the reasons for independence impairment in a compilation report (paragraph 2.21 of SSARS No. 19) is permitted.
Published on February 20, 2013
Peer Review & Quality Control Document Guidance
Here you will find an Overview of Peer Review Process and Requirements for PCPS Member Firms and the Quality Control Standards. The Program is a systemic evaluation whose value in serving the public interest and firms lies in its educational and remedial nature.
Published on February 07, 2014
Something New to Talk About
The medium firm article, written by F. Carter Heim, CPA, CFF, CGMA, in the December issue of The Practicing CPA e-newsletter discusses agreed upon procedures engagements. This article explains why agreed upon procedures engagements are helpful to protect clients against the risk of fraud. The article also provides practical tips
Published on December 23, 2013
PCPS 2013 COSO Toolkit
The PCPS 2013 COSO Toolkit provides you learning resources, staff training tools and communication templates to inform clients about the recent update to the COSO framework. You'll also find some suggestions for service opportunities to help your clients strengthen internal controls.
Published on January 17, 2014
Optimizing Workflows to Improve Firm Production
This IT article discusses practical ideas on how to use workflow tools to improve firm production and client relationships. The article provides seven opportunities for firms to evaluate where workflow tools can streamline specific firm procedures.
Published on October 28, 2013