AICPA Professional Standards, 2020, Volume 1 (Paperback, 1st)

· 제목 : AICPA Professional Standards, 2020, Volume 1 (Paperback, 1st) 
· 분류 : 외국도서 > 경제경영 > 회계감사
· ISBN : 9781119783220
· 쪽수 : 2192쪽
· 출판일 : 2020-11-24

Volume 1

… How This Publication Is Organized 1

… Applicability of AICPA Professional Standards 11

U.S. Auditing Standards—AICPA [Clarified] [AU-C]

… AU-C Cross-References to SASs 17

… AU-C Introduction 33

Foreword

Preface—Principles Underlying an Audit Conducted in Accordance With Generally Accepted Auditing

Standards

Glossary of Terms

AU-C 200—299 General Principles and Responsibilities 73

200—Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance With Generally Accepted Auditing Standards

210—Terms of Engagement

220—Quality Control for an Engagement Conducted in Accordance With Generally Accepted Auditing Standards

230—Audit Documentation

9230—Audit Documentation: Auditing Interpretations of Section 230

240—Consideration of Fraud in a Financial Statement Audit

250—Consideration of Laws and Regulations in an Audit of Financial Statements

260—The Auditor’s Communication With Those Charged With Governance

265—Communicating Internal Control Related Matters Identified in an Audit

9265—Communicating Internal Control Related Matters Identified in an Audit: Auditing Interpretations of Section 265

AU-C 300—499 Risk Assessment and Response to Assessed Risks 269

300—Planning an Audit

315—Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement

320—Materiality in Planning and Performing an Audit

330—Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained

AU-C 300—499 Risk Assessment and Response to Assessed Risks—continued

402—Audit Considerations Relating to an Entity Using a Service Organization

450—Evaluation of Misstatements Identified During the Audit AU-C 500—599 Audit Evidence 413

500—Audit Evidence

9500—Audit Evidence: Auditing Interpretations of Section 500

501—Audit Evidence—Specific Considerations for Selected Items

505—External Confirmations

510—Opening Balances—Initial Audit Engagements, Including Reaudit Engagements

520—Analytical Procedures

530—Audit Sampling

540—Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures

550—Related Parties

560—Subsequent Events and Subsequently Discovered Facts

570—The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern

580—Written Representations

585—Consideration of Omitted Procedures After the Report Release Date

AU-C 600—699 Using the Work of Others 673

600—Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors)

9600—Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors): Auditing Interpretations of Section 600

610—Using the Work of Internal Auditors

620—Using the Work of an Auditor’s Specialist

9620—Using the Work of an Auditor’s Specialist: Auditing Interpretations of Section 620

AU-C 700—799 Audit Conclusions and Reporting 793

700—Forming an Opinion and Reporting on Financial Statements

9700—Forming an Opinion and Reporting on Financial Statements: Auditing Interpretations of Section 700

701—Communicating Key Audit Matters in the Independent Auditor’s Report

703—Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA

705—Modifications to the Opinion in the Independent Auditor’s Report

706—Emphasis-of-Matter Paragraphs and Other-Matter Paragraphs in the Independent Auditor’s Report

708—Consistency of Financial Statements

720—The Auditor’s Responsibilities Relating to Other Information Included in Annual Reports

725—Supplementary Information in Relation to the Financial Statements as a Whole

9725—Supplementary Information in Relation to the Financial Statements as a Whole: Auditing Interpretations of Section 725

730—Required Supplementary Information

AU-C 800—899 Special Considerations 1095

800—Special Considerations—Audits of Financial Statements Prepared in Accordance With Special Purpose Frameworks

805—Special Considerations—Audits of Single Financial Statements and Specific Elements, Accounts, or Items of a Financial Statement

9805—Special Considerations—Audits of Single Financial Statements and Specific Elements, Accounts, or Items of a Financial Statement: Auditing Interpretations of Section 805

806—Reporting on Compliance With Aspects of Contractual Agreements or Regulatory Requirements in Connection With Audited Financial Statements

810—Engagements to Report on Summary Financial Statements

AU-C 900—999 Special Considerations in the United States 1221

905—Alert That Restricts the Use of the Auditor’s Written Communication

910—Financial Statements Prepared in Accordance With a Financial Reporting Framework Generally Accepted in Another Country

915—Reports on Application of Requirements of an Applicable Financial Reporting Framework

920—Letters for Underwriters and Certain Other Requesting Parties

925—Filings With the U.S. Securities and Exchange Commission Under the Securities Act of 1933

930—Interim Financial Information

935—Compliance Audits

940—An Audit of Internal Control Over Financial Reporting That Is Integrated With an Audit of Financial Statements

945—Auditor Involvement With Exempt Offering Documents

AU-C . . . Appendixes 1509

AU-C . . . Topical Index 1579

U.S. ATTESTATION STANDARDS—AICPA (CLARIFIED) [AT-C]

… AT-C Cross-References to SSAEs 1611

… AT-C Introduction 1617

Foreword

Preface to the Attestation Standards

Glossary of Terms

AT-C 100 Common Concepts 1639

105—Concepts Common to All Attestation Engagements

9105—Concepts Common to All Attestation Engagements: Attestation Interpretations of Section 105

105A—Concepts Common to All Attestation Engagements

9105A—Concepts Common to All Attestation Engagements: Attestation Interpretations of Section 105

AT-C 200 Level of Service 1725

205—Examination Engagements

9205—Examination Engagements: Attestation Interpretations of Section 205

205A—Examination Engagements

9205A—Examination Engagements: Attestation Interpretations of Section 205

210—Review Engagements

210A—Review Engagements

215—Agreed-Upon Procedures Engagements

215A—Agreed-Upon Procedures Engagements

9215A—Agreed-Upon Procedures Engagements: Attestation Interpretations of Section 215

AT-C 300 Subject Matter 1969

305—Prospective Financial Information

310—Reporting on Pro Forma Financial Information

315—Compliance Attestation

320—Reporting on an Examination of Controls at a Service Organization Relevant to User Entities’ Internal Control Over Financial Reporting

395—[Designated for AT Section 701, Management’s Discussion and Analysis]

AT-C… Exhibits 2141

AT-C… Appendixes 2147

AT-C… Topical Index 2155

Volume 2

PRE-SAS NO. 134 U.S. Auditing Standards — AICPA [Clarified] [AU-C]

… AU-C Cross-References to SASs (Pre-SAS No. 134) 2171

… AU-C Introduction (Pre-SAS No. 134) 2185

Forward

Preface—Principles Underlying an Audit Conducted in Accordance With Generally Accepted Auditing Standards

Glossary of Terms

Pre-SASNo. 134 AU-C 200—299 General Principles and Responsibilities 2225

200B—Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance With Generally Accepted Auditing Standards

210B—Terms of Engagement

220B—Quality Control for an Engagement Conducted in Accordance With Generally Accepted Auditing Standards

230B—Audit Documentation

9230B—Audit Documentation: Auditing Interpretations of Section 230B

240B—Consideration of Fraud in a Financial Statement Audit

250B—Consideration of Laws and Regulations in an Audit of Financial Statements

260B—The Auditor’s Communication With Those Charged With Governance

265B—Communicating Internal Control Related Matters Identified in an Audit

9265B—Communicating Internal Control Related Matters Identified in an Audit: Auditing Interpretations of Section 265B

Pre-SASNo. 134 AU-C 300—499 Risk Assessment and Response to Assessed Risks 2411

300B—Planning an Audit

315B—Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement

320B—Materiality in Planning and Performing an Audit

330B—Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained

402B—Audit Considerations Relating to an Entity Using a Service Organization

450B—Evaluation of Misstatements Identified During the Audit

Pre-SASNo. 134 AU-C 500—599 Audit Evidence 2541

500B—Audit Evidence

9500B—Audit Evidence: Auditing Interpretations of Section 500B

501B—Audit Evidence—Specific Considerations for Selected Items

505B—External Confirmations

510B—Opening Balances—Initial Audit Engagements, Including Reaudit Engagements

520B—Analytical Procedures

530B—Audit Sampling

540B—Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures

550B—Related Parties

560B—Subsequent Events and Subsequently Discovered Facts

570B—The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern

580B—Written Representations

585B—Consideration of Omitted Procedures After the Report Release Date Pre-SASNo. 134 AU-C 600—699 Using the Work of Others 2789

600B—Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors)

9600B—Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors): Auditing Interpretations of Section 600B

610B—Using the Work of Internal Auditors

620B—Using the Work of an Auditor’s Specialist

9620B—Using the Work of an Auditor’s Specialist: Auditing Interpretations of Section 620B

Pre-SASNo. 134 AU-C 700—799 Audit Conclusions and Reporting 2905

700B—Forming an Opinion and Reporting on Financial Statements

9700B—Forming an Opinion and Reporting on Financial Statements: Auditing Interpretations of Section 700B

705B—Modifications to the Opinion in the Independent Auditor’s Report

706B—Emphasis-of-Matter Paragraphs and Other-Matter Paragraphs in the Independent Auditor’s Report

708B—Consistency of Financial Statements

720B—Other Information in Documents Containing Audited Financial Statements

725B—Supplementary Information in Relation to the Financial Statements as a Whole

9725B—Supplementary Information in Relation to the Financial Statements as a Whole: Auditing Interpretations of Section 725B

730B—Required Supplementary Information

Pre-SASNo. 134 AU-C 800—899 Special Considerations 3067

800B—Special Considerations—Audits of Financial Statements Prepared in Accordance With Special Purpose Frameworks

805B—Special Considerations—Audits of Single Financial Statements and Specific Elements, Accounts, or Items of a Financial Statement

9805B—Special Considerations—Audits of Single Financial Statements and Specific Elements, Accounts, or Items of a Financial Statement: Auditing Interpretations of Section 805B

806B—Reporting on Compliance With Aspects of Contractual Agreements or Regulatory Requirements in Connection With Audited Financial Statements

810B—Engagements to Report on Summary Financial Statements

Pre-SASNo. 134 AU-C 900—999 Special Considerations in the United States 3171

905B—Alert That Restricts the Use of the Auditor’s Written Communication

910B—Financial Statements Prepared in Accordance With a Financial Reporting Framework Generally Accepted in Another Country

915B—Reports on Application of Requirements of an Applicable Financial Reporting Framework

920B—Letters for Underwriters and Certain Other Requesting Parties

925B—Filings With the U.S. Securities and Exchange Commission Under the Securities Act of 1933

930B—Interim Financial Information

935B—Compliance Audits

940B—An Audit of Internal Control Over Financial Reporting That Is Integrated With an Audit of Financial Statements

945B—Auditor Involvement With Exempt Offering Documents

Pre-SASNo. 134 AU-C . . . Appendixes 3435

Pre-SASNo. 134 AU-C . . . Topical Index 3495

Volume 3

Statements of Position—Auditing and Attestation

AUD . . . Introduction 3535

AUD . . . Statements of Position—Auditing and Attestation 3537

10—Auditing Property/Casualty Insurance Entities’ Statutory Financial Statements—Applying Certain Requirements of the NAIC Annual Statement Instructions (SOP 92-8)

15—Guidance to Practitioners in Conducting and Reporting on an Agreed-Upon Procedures Engagement to Assist Management in Evaluating the Effectiveness of Its Corporate Compliance Program (SOP 99-1)

15A—Guidance to Practitioners in Conducting and Reporting on an Agreed-Upon Procedures Engagement to Assist Management in Evaluating the Effectiveness of Its Corporate Compliance Program (SOP 99-1)

20—Auditing Health Care Third-Party Revenues and Related Receivables (SOP 00-1)

25—Performing Agreed-Upon Procedures Engagements That Address Internal Control Over Derivative Transactions as Required by the New York State Insurance Law (SOP 01-3)

25A—Performing Agreed-Upon Procedures Engagements That Address Internal Control Over Derivative Transactions as Required by the New York State Insurance Law (SOP 01-3)

30—Performing Agreed-Upon Procedures Engagements That Address Annual Claims Prompt Payment Reports as Required by the New Jersey Administrative Code (SOP 02-1)

30A—Performing Agreed-Upon Procedures Engagements That Address Annual Claims Prompt Payment Reports as Required by the New Jersey Administrative Code (SOP 02-1)

35—Auditing the Statement of Social Insurance (SOP 04-1)

40—Attestation Engagements That Address Specified Compliance Control Objectives and Related Controls at Entities That Provide Services to Investment Companies, Investment Advisers, or Other Service Providers (SOP 07-2)

40A—Attestation Engagements That Address Specified Compliance Control Objectives and Related Controls at Entities That Provide Services to Investment Companies, Investment Advisers, or Other Service Providers (SOP 07-2)

45—Reporting Pursuant to the 2010 Edition of the Global Investment Performance Standards (SOP 12-1)

46—Reporting Pursuant to the 2020 Global Investment Performance Standards (SOP 20-1)

55—Performing Agreed-Upon Procedures Engagements That Address the Completeness, Mapping, Consistency, or Structure of XBRL-Formatted Information (SOP 13-2)

55A—Performing Agreed-Upon Procedures Engagements That Address the Completeness, Mapping, Consistency, or Structure of XBRL-Formatted Information (SOP 13-2)

60—Performing Agreed-Upon Procedures Related to Rated Exchange Act Asset-Backed Securities Third-Party Due Diligence Services as Defined by SEC Release No. 34-72936 (SOP 17-1)

Statement of Position—Accounting

ACC . . . Introduction 4089

ACC . . . Statement of Position—Accounting 4091

10—Accounting for Costs of Activities of Not-for-Profit

Organizations and State and Local Governmental Entities That Include Fund Raising (SOP 98-2)

Statements On Standards For Accounting and Review Services [Clarified]

AR-C … Cross-References to SSARSs 4147

AR-C … Introduction 4149

AR-C … Statements on Standards for Accounting and Review Services (Clarified) 4159

60—General Principles for Engagements Performed in Accordance With Statements on Standards for  Accounting and Review Services

60A—General Principles for Engagements Performed in Accordance With Statements on Standards for Accounting and Review Services

70—Preparation of Financial Statements

70A—Preparation of Financial Statements

80—Compilation Engagements

80A—Compilation Engagements

90—Review of Financial Statements

90A—Review of Financial Statements

100—Special Considerations—International Reporting Issues

120—Compilation of Pro Forma Financial Information

AR-C … Appendixes 4529

AR-C … Topical Index 4535

Code of Professional Conduct

ET … Code of Professional Conduct 4543

ET … Preface: Applicable to All Members 4545

ET … Part 1—Members in Public Practice 4571

ET … Part 2—Members in Business 4521

ET … Part 3—Other Members 4751

ET … Appendixes 4757

ET … Topical Index 4797

Bylaws

BL … Definitions 4813

BL 100 Name and Purpose 4815

101—Name and Purpose

BL 200 Admission to, and Retention of, Membership and Association 4819

210—Members

220—Requirements for Admission to Membership

220R—Implementing Resolution Under Section 2.2 Requirements for Admission to Membership

230—Requirements for Retention of Membership

230R—Implementing Resolutions Under Section 2.3

Requirements for Retention of Membership

240—Certificate of Membership

250—Right of Members to Describe Themselves as Such

260—International Associates

260R—Implementing Resolution Under Section 2.6 International Associates

BL 300 Organization and Procedure 4839

310—General

320—Membership

320R—Implementing Resolution Under Section 3.2 Membership

330—Council

340—Board of Directors

340R—Implementing Resolution Under Section 3.4 Board of Directors

350—Officers Elected by Council

350R—Implementing Resolution Under Section 3.5 Officers Elected by Council

360—Committees

360R—Implementing Resolutions Under Section 3.6 Committees

BL 400 Financial Management and Controls 4863

401—Financial Management and Controls

401R—Implementing Resolution Under Article 4 Financial Management and Controls

410—Audit

420—Committee on Audit

430—Execution of Instruments on Behalf of the Institute

440—Indemnification

450—Dues

460—Fiscal Year

460R—Implementing Resolution Under Section 4.6 Fiscal Year

BL 500 Meetings of the Institute and the Council 4883

501—Meetings of the Institute and the Council

510—Meetings of the Institute

520—Meetings of Council

530—General Provisions Governing Meetings

BL 600 Election of Council, Board of Directors, and Officers of the Institute 4893

601—Election of Council, Board of Directors, and Officers of the Institute

610—Members of Council Directly Elected by Members of the Institute

610R—Implementing Resolution Under Section 6.1 Members of Council Directly Elected by Members of the Institute

620—Selection of Members of Council to Represent State Societies

630—Election of Members-at-Large of Council, Board of Directors, Chairman of the Board, and Vice Chairman of the Board

640—Forfeiture of Office for Nonattendance

650—Vacancies

650R—Implementing Resolution Under Section 6.5 Vacancies

660—Election Meeting of Council

670—Term Limit

BL 700 Termination of Membership and Disciplinary Sanctions 4917

701—Termination of Membership and Disciplinary Sanctions

710—Resignation of Membership

710R—Implementing Resolution Under Section 7.1 Resignation of Membership

720—Termination of Membership for Nonpayment of Financial Obligation or for Failure to Comply With Membership-Retention Requirements

720R—Implementing Resolution Under Section 7.2 Termination of Membership for Nonpayment of Financial Obligation or for Failure to Comply With Membership-Retention Requirements

730—Disciplinary Action Without a Hearing

730R—Implementing Resolution Under Section 7.3 Disciplinary Action Without a Hearing

740—Disciplining of Member by Trial Board

740R—Implementing Resolution Under Section 7.4 Disciplining of Member by Trial Board

750—Reinstatement

750R—Implementing Resolution Under Section 715 Reinstatement

760—Publication of Disciplinary Action

760R—Implementing Resolution Under Section 7.6 Publication of Disciplinary Action

770—Disciplinary Sections Not to Be Applied Retroactively

BL 800 Amendments 4949

801—Amendments

810—Proposals to Amend the Bylaws

820—Proposals to Amend the Code of Professional Conduct

830—Submission to Council via Board of Directors

840—Submission to Membership by Mail Ballot

BL 900 General 4961

911—[Reserved]

921—A Description of the Professional Practice of Certified Public Accountants

BL … Topical Index 4967

U.S. Auditing—PCAOB

PC … Select PCAOB Releases 4977

The full text of the releases issued by the PCAOB can be found in the AICPA’s PCAOB Standards and Related Rules

Valuation Services

VS … Statements on Standards for Valuation Services 4979

100—Valuation of a Business, Business Ownership Interest, Security, or Intangible Asset

9100—Valuation of a Business, Business Ownership Interest, Security, or Intangible Asset: Valuation Services Interpretations of Section 100

Forensic Services

FS … Statements on Standards for Forensic Services 5031

100—Statement on Standards for Forensic Services

Consulting Services

CS … Statement on Standards for Consulting Services 5037

100—Consulting Services: Definition and Standards

CS … Topical Index 5043

Quality Control

QC … Quality Control 5045

10—A Firm’s System of Quality Control

Peer Review

PR … Standards for Performing and Reporting on Peer Reviews 5079

100—Standards for Performing and Reporting on Peer Reviews

9100—Standards for Performing and Reporting on Peer Reviews: Interpretations of Section 100

Tax Services

TS … Tax Services 5297

Preface

100—Tax Return Positions

9100—Tax Return Positions: Tax Services Interpretations of Section 100

200—Answers to Questions on Returns

300—Certain Procedural Aspects of Preparing Returns

400—Use of Estimates

500—Departure From a Position Previously Concluded in an Administrative Proceeding or Court Decision

600—Knowledge of Error: Return Preparation and Administrative Proceedings

700—Form and Content of Advice to Taxpayers

Appendix: Cross-Reference of Previous and Revised Statements

TS … Topical Index 5343

Personal Financial Planning

PFP … Personal Financial Planning 5347

100—Statement on Standards in Personal Financial Planning Services

PFP … Topical Index 5363

Continuing Professional Education

CPE … Continuing Professional Education 5365

100—Preamble

200—General Guidelines for CPAs

300—Standards for CPE Program Sponsors

400—Glossary

CPE … Topical Index 5399