TheCPAProfession(英文版)(44页).pptVIP

The CPA Profession Chapter 2 Certified PublicAccounting Firms Certified PublicAccounting Firms Certified PublicAccounting Firms Activities of CPA Firms Organizational Structure Hierarchy of a TypicalCPA Firm Hierarchy of a TypicalCPA Firm AICPA Establishing Standardsand Rules Establishing Standardsand Rules Other AICPA Functions Practice standards Practice standards are general guides for the quality of professional work. CPAs standards issued by the AICPAs Auditing Standards Board - GAAS generally accepted auditing standards and attestation standards Internal Auditors standards are issued by the IIA Institute of Internal Auditors Governmental audit standards are issued by the GAO. GAAS Generally Accepted Auditing Standards 10 Standards divided into General, Field Work and Reporting Standards SAS (Statements on Auditing Standards) Considered interpretations of GAAS SAS issued by ASB, Numbered GAAS - General Standards Audit performed by persons having adequate technical training and proficiency as an auditor. Independence in mental attitude is to be maintained by the auditor. Due professional care is to be exercised in the performance of the audit and the preparation of the report. GAAS - Field Work Standards The work is to be adequately planned and assistance are to be properly supervised. A sufficient understanding of internal control is to be obtained to plan the audit and to determine the nature, timing and extent of tests to be performed. Sufficient competent evidential matter is to be obtained through inspection, observation, inquiries and confirmations to afford a reasonable basis for an opinion. GAAS - Reporting Standards The report shall state if the financial statements are in accordance with GAAP. The report shall identify those circumstances in which such principles have not been consistently observed. Informative disclosures in the financial statements are to be regarded as reasonably adequate unless otherwise stated. Reporting Standards - Conti