AICPA Issues Clarification on Financial Statement Standards for Client Advisory Services
The AICPA on April 7, 2025, published Statement on Standards for Accounting and Review Services (SSARS) No. 27, Applicability of …
AICPA, NASBA Now Accepting Comments on Proposed Optional Pathway for CPA Licensure, Individual Mobility
The AICPA on March 4, 2025, said that its proposal to offer an additional path to obtain a CPA license …
AICPA Keeps SAB 121 in Digital Assets Practice Aid For Now
The SEC’s Office of the Chief Accountant (OCA) last month withdrew its much-criticized Staff Accounting Bulletin (SAB) No. 121 on …
AICPA’s Auditing Board Plans to Issue 4 Standard-Setting Proposals in 2025
The AICPA’s Auditing Standards Board (ASB) is planning to publish four exposure drafts this year to seek comment on the …
AICPA, NASBA Propose Alternative Path to CPA Licensure, Seek Industry Input
In a bid to increase flexibility for aspiring accountants while maintaining public protection standards, the American Institute of Certified Public …
AICPA Auditing Board’s 2024 Workplan Includes Several Standard-Setting Projects
The AICPA Auditing Standards Board (ASB) has four standard-setting projects, one project under active consideration, and one research project, according …
PCAOB Proposes Revised Audit Requirements for Non-Compliance with Laws and Regulations
The Public Company Accounting Oversight Board (PCAOB) on June 6, 2023, voted 3 to 2 to issue a proposal that …
AICPA Auditing Standards Board’s Work Plan Includes Potential Convergence Projects with International Standards
The AICPA’s Auditing Standards Board (ASB) is working on several standard-setting or research projects, according to its 2023 workplan, which …
PCAOB Moves Project on Audit Quality Indicators to Standard-Setting Agenda
The Public Company Accounting Oversight Board (PCAOB) will consider issuing a proposal on key audit quality indicators (AQIs) in the …
COSO Publishes Guidance for Internal Control Over Sustainability Reporting
The Committee of Sponsoring Organizations of the Treadway Commission (COSO) on March 30, 2023, published a study along with supplemental …