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Keeping Up With Standards

This collection of resources and information addresses standards developments that affect the accounting profession.


 


Risk Assessment Standards Implementation Resources Content
PCPS Member
The Auditing Standards Board has issued risk assessment standards effective for audits of financial statements for periods beginning on or after December 15, 2006. Learn More>>
Revised Standards Issued for Performing and Reporting on Peer Reviews

The AICPA’s Peer Review Board has issued revised Standards for Performing and Reporting on Peer Reviews (Standards) and Interpretations to the Standards, which are applicable to all AICPA members’ firms subject to peer review. Members’ firms currently enrolled in the Center for Public Company Audit Firms Peer Review Program are covered under this measure.

 

Since the revisions are significant, all interested parties, especially peer reviewers, peer reviewed firms (including those responsible for their firm’s quality control functions) and peer review users are encouraged to consider them.  Learn More>>