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Codification of statements on standards for attestation engagements, 2nd edition

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Codification of statements on standards for attestation engagements, 2nd edition

AICPACodification ofStatements on Standards for Attestation EngagementsNumber 18As of January 2018Copyright © 2018 byAmerican Institute of Certified P

Codification of statements on standards for attestation engagements, 2nd editionPublic Accountants. All rights reserved.Reprinted fromAICPA Professional StandardsU.S. Attestation Standards—AICPA (Clarified)(as of January 2018)For

information about the procedure for requesting permission to make copies of any part of this work, please e-mail copyright@iiicpii.org with your reque Codification of statements on standards for attestation engagements, 2nd edition

st. Otherwise, requests should be written and mailed to Permissions Department, 220 Leigh Fann Road. Durham. NC 27707-8110.12 34 567890 PrP 198ISBN978

Codification of statements on standards for attestation engagements, 2nd edition

-1-94830-639-3 (print)ISBN 978-1-94830-640-9 (ePub)PREFACEThis publication, issued by the Accounting and Review Services Committee and the Auditing St

AICPACodification ofStatements on Standards for Attestation EngagementsNumber 18As of January 2018Copyright © 2018 byAmerican Institute of Certified P

Codification of statements on standards for attestation engagements, 2nd editionicable to the preparation and issuance of attestation reports for all nonissuers. A non issuer is any entity not subject to the Sarbanes-Oxley Act of

2002 or the rules of the SEC.This publication contains the codified attestation standards issued through SSAE No. 18, Attestation Standards: Clarifica Codification of statements on standards for attestation engagements, 2nd edition

tion and Recodification, and related attestation interpretations. Superseded portions have been deleted and all applicable amendments have been includ

Codification of statements on standards for attestation engagements, 2nd edition

ed.SSAEs are issued by senior committees of the AICPA designated to issue pronouncements on attestation matters applicable to the preparation and issu

AICPACodification ofStatements on Standards for Attestation EngagementsNumber 18As of January 2018Copyright © 2018 byAmerican Institute of Certified P

Codification of statements on standards for attestation engagements, 2nd editionof the AICPA Code of Professional Conduct requires an AICPA member performing an attestation engagement for a nonissuer (a practitioner) to comply wit

h standards promulgated by such senior committees. A practitioner must comply with an unconditional requirement in all cases in which such requirement Codification of statements on standards for attestation engagements, 2nd edition

is relevant . A practitioner also should comply with a presumptively mandatory requirement in all cases in which such requirement is relevant; howeve

Codification of statements on standards for attestation engagements, 2nd edition

r, in rare circumstances, the practitioner may depart from a presumptively mandatory requirement provided that the practitioner documents the justific

AICPACodification ofStatements on Standards for Attestation EngagementsNumber 18As of January 2018Copyright © 2018 byAmerican Institute of Certified P

Codification of statements on standards for attestation engagements, 2nd editionhibits and interpretations to SSAEs are interpretive publications, as defined in AT-C section 105, Concepts Common to All Attestation Engagements. AT-

C section 105 requires the practitioner to consider applicable interpretive publications in planning and performing an attestation engagement. Interpr Codification of statements on standards for attestation engagements, 2nd edition

etive publications are not attestation standards. Interpretive publications are recommendations on the application of the SSAEs in specific circumstan

Codification of statements on standards for attestation engagements, 2nd edition

ces, including engagements for entities in specialized industries. An interpretive publication is issued under the authority of the relevant senior te

AICPACodification ofStatements on Standards for Attestation EngagementsNumber 18As of January 2018Copyright © 2018 byAmerican Institute of Certified P

Codification of statements on standards for attestation engagements, 2nd editionblication is consistent with the SSAEs. Attestation interpretations are included in the AT-c sections of AICPA Professional Standards. AICPA Guides an

d Attestation Statements of Position are listed in AT-C appendix A, "A1CPA Guides and Statements of Position," of AICPA Professional Standards.ACCOUNT Codification of statements on standards for attestation engagements, 2nd edition

ING AND REVIEW SERVICES COMMITTEEMike Fleming, Chair Michael p. Glynn, Senior Technical Manager— Audit and Attest StandardsAUDITING STANDARDS BOARDMic

Codification of statements on standards for attestation engagements, 2nd edition

hael J. Santay, Chair Charles E. Landes, Vice President— Professional Standards and ServicesWhat's New in This EditionVWHAT'S NEW IN THIS EDITIONSecti

AICPACodification ofStatements on Standards for Attestation EngagementsNumber 18As of January 2018Copyright © 2018 byAmerican Institute of Certified P

Codification of statements on standards for attestation engagements, 2nd editionment Under Two Sets of Attestation Standards," of AT-C section 105, Concepts Common to All Attestation Engagements.Section AT-C 105Change Revisions to

better reflect the AICPA Council Resolution designating the PCAOB to promulgate technical standards.AT-C 9215.01-.1ÕSuperseded by Statement of Positi Codification of statements on standards for attestation engagements, 2nd edition

on 17-1, Performing Agreed-Upon Procedures Related to Rated Exchange Act Asset-Backed Securities Third-Party Due Diligence Services as Defined by SEC

Codification of statements on standards for attestation engagements, 2nd edition

Release No. 34-72936 (AICPA, Professional Standards, AƯD sec. 60), effective for agreed-upon procedures attestation engagements that include covered s

AICPACodification ofStatements on Standards for Attestation EngagementsNumber 18As of January 2018Copyright © 2018 byAmerican Institute of Certified P

Codification of statements on standards for attestation engagements, 2nd editionechnical standards. DELETED SECTIONSAttestation Standards [AT]This section has been deleted due to the effective date of Statement on Standards for At

testation Engagements (SSAE) No. IS, Attestation Standards, Clarification and Recodification. SSAE No. 18 became effective May 1, 2017. Refer to indiv Codification of statements on standards for attestation engagements, 2nd edition

idual AT-C sections for specific effective date language.Table of Contents

AICPACodification ofStatements on Standards for Attestation EngagementsNumber 18As of January 2018Copyright © 2018 byAmerican Institute of Certified P

AICPACodification ofStatements on Standards for Attestation EngagementsNumber 18As of January 2018Copyright © 2018 byAmerican Institute of Certified P

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