Successful Peer Reviews – Part 3
When it comes to “delivering quality audits that result in successful peer reviews”, there are strategies that firms should consider – including around risk assessment.…
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AICPA Proposes New SAS on Audit Evidence
The AICPA’s Auditing Standards Board (ASB) has issued the Exposure Draft, Proposed Statement on Auditing Standards: Audit Evidence. The comment deadline is September 18, 2019.…
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AICPA Proposes Significant Changes to Review Engagement Standards
The AICPA’s Accounting and Review Services Committee (ARSC) has issued the Exposure Draft, Proposed Statement on Standards for Accounting and Review Services: Materiality in a…
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SEC Adopts Amendments to Auditor Independence Rules
The SEC has adopted a final rule, Auditor Independence With Respect to Certain Loans or Debtor-Creditor Relationships. This rule includes amendments to the SEC’s auditor…
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Successful Peer Reviews – Part 2
When it comes to “delivering quality audits that result in successful peer review”, there are strategies that firms should consider. We made that statement at…
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AICPA’s Ethics Committee Revises Independence Interpretations
The Professional Ethics Executive Committee (PEEC) of the AICPA has published revisions to two Independence Rule Interpretations (a) “Information System Services and Information Systems,” and “State…
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Using A Knowledge-based Audit Methodology To Overcome Common Audit Missteps- AICPA Engage 2019
Wolters Kluwer Tax & Accounting Highlights How a Knowledge-based Audit Methodology Can Help Overcome Common Audit Missteps Cathy Rowe, CPA, CA and Director of Accounting…
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Successful Peer Reviews – Part 1
When it comes to “delivering quality audits that result in successful peer reviews”, there are strategies that firms should consider. Fortunately for our readers, this…
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AICPA Proposes Amendments to Materiality Standards
The AICPA’s Auditing Standards Board (ASB) has issued an exposure draft of a proposed Statement on Auditing Standards (SAS) and a proposed Statement on Standards…
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A Closer Look: Comparing the New Auditor Reporting Standards
AICPA Auditor Reporting Standards Issued The recent issuance of the AICPA’s suite of new auditor reporting standards marks the culmination of auditor reporting standards projects…
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