Auditing


The AICPA accounting and review services committee releases an interpretation of AR section 100, “Compilation and Review of Financial Statements” (see Official Releases, JofA , Aug.03, page 104), of the AICPA Professional Standards. The interpretation, “Applicability of Statements on Standards for Accounting and Review Services When an Accountant Engaged to Perform a Business Valuation Derives Information From an Entity’s Tax Return,” is available at www.aicpa.org/members/div/auditstd/interp_ar_9100_23.htm .

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