Proposed Revisions Clarify Responsibilities for Prepares  

Oleh:

Glynn, Mike ; Goria, Ellen

Jenis: Article from Bulletin/Magazine
Dalam koleksi: Journal of Accountancy vol. 214 no. 2 (Aug. 2012), page 50-53.
Topik: CPAs; Professional Standards; Financial Statements; Revisions; Compilation & Review

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ85.33 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

In accordance with recently proposed revisions to professional standards, CPAs who prepare financial statements for clients would consider that a nonattest bookkeeping service and would no longer be required to perform a compilation service with respect to those financial statements unless engaged to do so. It is anticipated that the proposed changes would have minimal impact on CPAs who prepare financial statements for their clients, except with regard to the requirements to perform a compilation service, which will undergo significant revision under the proposal. Once engaged to perform a compilation service, the CPA would read the financial statements to see if there are obvious mistakes or flaws, and then issue an accountants compilation report on the financial statements. This change is contained in a proposed Statement on Standards for Accounting and Review Services exposed for public comment by the AICPA Accounting and Review Services Committee.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali