On April 28, 2009, the AICPA’s Accounting and Review Services Committee released an exposure draft that would revise the standards for compilation and review engagements.  The changes, designed to address concerns of small businesses, users of small-business financial statements and CPAs who serve smaller entities, would allow an accountant to issue a review report on financial statements when also performing nonattest services that were designed to improve the reliability of the client's financial information. In addition, the proposed standard would harmonize review standards with the International Auditing and Assurance Standards Board’s review standard ISRE No. 2400 as well as recodify AR section 100, Compilation and Review of Financial Statements, into separate chapters for compilation and review engagements. In this podcast, the staff liaison to the ARSC and the Chair of the ARSC Reliability Task Force discuss the proposed SSARSs.

Ep. 1 – ARSC April 28, 2009 Exposure Draft - Review of Independence Issues

On April 28, 2009, the AICPA’s Accounting and Review Services Committee released an exposure draft that would revise the standards for compilation and review engagements.  The changes, designed to address concerns of small businesses, users of small-business financial statements and CPAs who serve smaller entities, would allow an accountant to issue a review report on financial statements when also performing nonattest services that were designed to improve the reliability of the client's financial information. In addition, the proposed standard would harmonize review standards with the International Auditing and Assurance Standards Board’s review standard ISRE No. 2400 as well as recodify AR section 100, Compilation and Review of Financial Statements, into separate chapters for compilation and review engagements. In this podcast, the staff liaison to the ARSC and the Chair of the ARSC Reliability Task Force continue their discussion of the proposed SSARSs.

Ep. 2 - ARSC April 28, 2009 Exposure Draft - Review of Independence Issues (Part 2)

The AICPA Audit &amp; Attest Standards Podcast Series was developed to help keep our members apprised of all the latest standard setting activities of the Auditing Standards Board (ASB) and the Accounting and Review Services Committee (ARSC).

AICPA Audit & Attest Standards Podcast

The best podcast episodes on physical health. Episodes talk about your diet, sleep, exercise and all the things that people do to improve their physical health and live a healthier life. This topic is for everyone, with applications in all of our everyday lives. Add episodes you're interested into your queue below!

Best Episodes on Physical Health & Your Body

The best podcast episodes on romantic relationships. Episodes talk about the 5 love languages, intimacy, and the taboo topics of sexual desires and infidelity. This topic is a deep dive into the science and complexities that face us in our relationships with others. Add episodes you're interested into your queue below!