CPAs and Advisors with Your Growth in Mind


AICPA’s Auditing Standards Board to Meet in Montreal Next Week

Starting Tuesday, the American Institute of Certified Public Accountants’ (“AICPA”) Auditing Standards Board (“ASB”) will hold a three-day meeting in Montreal, Quebec. Planned to discuss additional clarified standards, the ASB’s meeting agenda will feature:

– A review of An Audit of Internal Control Over Financial Reporting That is Integrated With an Audit of Financial Statements, a proposal that would replace AT section 501, An Examination of an Entity’s Internal Control Over Financial Reporting That Is Integrated With an Audit of Its Financial Statements, and Interpretation No. 1 of AT section 501, “Reporting Under Section 112 of the Federal Deposit Insurance Corporation Improvement Act” (AT section 9501);

– A vote and discussion on proposed Clarified Attestation Standard (AT 801), Chapter 8, “Reporting on Controls at a Service Organization”; and

-A review of Attestation Standards: Clarification and Recodification, and proposed changes to the draft of the preface and chapters 1 – 4.

For an in-depth view of the ASB’s meeting agenda, visit the AICPA website.

We invite you to learn more about Cherry Bekaert’s Attest services.

Topics: , , , , , ,