New possibilities when performing attestation services
Recently issued standards provide options for clients and flexibility for practitioners.
This site uses cookies to store information on your computer. Some are essential to make our site work; others help us improve the user experience. By using the site, you consent to the placement of these cookies. Read our privacy policy to learn more.
Recently issued standards provide options for clients and flexibility for practitioners.
You must apply, with one exception, the “Independence Rule” and related interpretations of the AICPA Code of Professional Conduct to your state or local government client’s affiliates.
The report highlights 10 areas of focus for inspections and shares five key reminders aimed at helping auditors as they navigate the current economic landscape.
The PCAOB adopts amendments to its auditing standards to strengthen requirements that apply to audits involving multiple firms.
The chair of the AICPA Auditing Standards Board explains more about implementation of new quality management standards, including timeline advice, in this podcast episode with transcript.
The proposed ethics updates include new or revised definitions and interpretations related to independence during compliance audit engagements.
The pandemic brought about a surge in remote auditing, a practice which has both pros and cons. CPAs at small firms discuss their experiences with remote audits and what they plan to do in the future, and share tips for making remote audits run more smoothly.
The new standards represent a significant change in how CPA firms will approach audit and assurance quality in the future.
The Technical Questions and Answers address auditor reporting when the entity issues its annual report subsequent to its financial statements.
Understand the changes to the AICPA Code of Professional Conduct’s independence rules relating to loaning staff to an attest client.
A survey of audit quality indicators performed by the AICPA reveals the most important factors in helping CPA firms perform quality audits.
The PCAOB has issued new requirements for auditing accounting estimates and using the work of specialists. The board is seeking comments on the new requirements.
Economic conditions and the environment many companies face have changed substantially as a result of Russia’s invasion of Ukraine.
Learn how data-driven audits can help identify and mitigate risks and why tech tools that automate rote tasks are just one part of the evolution of auditing in this podcast episode with transcript.
The AICPA Auditing Standards Board is seeking comments on a proposed Statement on Auditing Standards that seeks to strengthen the auditor’s approach to planning and performing group audits and to improve the quality of such audits.
Learn how the abrupt shift to remote work affected not-for-profit audits and how they’re coping now, plus the latest news, in this podcast episode with transcript.
The AICPA Auditing Standards Board is seeking comment on a proposed Statement on Auditing Standards that would update the appendix in AU-C Section 935, Compliance Audits.
The AICPA Peer Review Board approved guidance that is designed to make peer review guidance for CPA firms and peer reviewers easier to read, understand and apply.
Firms and practitioners are using digital tools to provide more value to clients.
The PCAOB is creating two new advisory groups and inviting public comment on their structure and operation. The new groups are the Standards and Emerging Issues Advisory Group and the Investor Advisory Group. The comment period runs through Feb. 28.
SPONSORED REPORT
Data analytics has become a hot topic, but many organizations have not yet managed to understand its potential, let alone put it to work. This report will take a deep-dive on how to best introduce or enhance the use of data in decision-making.