The first quarter of 2021 is a wrap. It was a light quarter for standard setting and given everything else...
The AICPA has issued a Technical Q&A to address common questions regarding what qualifies as a third party assessment and...
The AICPA’s Professional Ethics Executive Committee (PEEC) has issued an updated proposal around reporting noncompliance with laws and regulations (NOCLAR)....
The AICPA issued a very narrow proposal to add a new requirement for successor auditors to discuss suspected fraud and...
The AICPA issued three new proposals related to quality management. The new SQM Standards will replace the extant quality control...
In 2019, the AICPA issued a consultation paper for feedback on the projects PEEC should address. After evaluating feedback, PEEC...
By James J. Newhard, CPA Whenever I hear the expression, “the only easy day was yesterday,” I know that person...
By Ken Tysiac It’s understandable that FASB’s new revenue recognition standard might not be top-of-mind for private company finance personnel...
Some of the more judgmental or complex audit areas that practitioners may encounter during the 2017 audit cycle are discussed...
The accounting profession’s pursuit of quality in auditing has led CPAs and regulators to consider what factors might correlate with...