Chapter02TheCPAProfession(审计学英文版).pptxVIP

The CPA Profession;Learning Objective 1;Certified Public Accounting Firms;Certified Public Accounting Firms;Certified Public Accounting Firms;Management consulting services;Structure of CPA Firms;Organizational Structure;Hierarchy of a TypicalCPA Firm;Hierarchy of a TypicalCPA Firm;E-Commerce andCPA Firm Operations;Learning Objective 2;This Act is considered by many observers to be the most important legislation affecting the auditing profession since the 1930s.;Sarbanes-Oxley Act;Learning Objective 3;The overall purpose of the Securities and Exchange Commission (SEC) is to assist in providing investors with reliable information Upon which to make investment decisions.;Forms S-1 to S-16;Learning Objective 4;The AICPA sets professional requirements for CPAs, conducts research, and publishes materials on many different subjects related to accounting, auditing, attestation and Assurance services, management Consulting services, and taxes.;The AICPA is empowered to set standards (guidelines) and rules that all members And other practicing CPAs must follow.;Establishing Standardsand Rules;Other AICPA Functions;Vision for the Future;Vision for the Future;Learning Objective 5;1. The audit is to be performed by a person or persons having adequate technical training and proficiency as an auditor.;General Standards;1. The work is to be adequately planned and assistants, if any, are to be properly supervised.;Standards of Field Work;1. The report shall state whether the financial statements are presented in accordance with generally accepted accounting principles.;3. Informative disclosures in the financial statements are to be regarded as reasonably adequate unless otherwise stated in the report.;Summary ofGeneral Standards;The term generally accepted auditing standards is no longer used for public company audits.;The 10 generally accepted auditing standards are too general to provide meaningful guidance.;Learning Objective 6;International Standardson Auditing;I