Founded in 1887, the American Institute of Certified Public Accountants (AICPA) represents the CPA and accounting profession nationally and globally regarding rule-making and standard-setting, and serves as an advocate before legislative bodies, public interest groups and other professional organizations. The AICPA develops standards for audits of private companies and other services by CPAs; provides educational guidance materials to its members; develops and grades the Uniform CPA Examination; and monitors and enforces compliance with the accounting profession’s technical and ethical standards.
The AICPA’s founding established accountancy as a profession distinguished by rigorous educational requirements, high professional standards, a strict code of professional ethics, a licensing status and a commitment to serving the public interest.
60 General Principles for Engagements Performed in Accordance With Statements on Standards for Accounting and Review Services 01-A50
70 Preparation of Financial Statements 01-A20
Exhibit--Other Preparation, Compilation and Review Publications A50
Appendix--Preparation of Financial Statements Versus Assistance in Preparing Financial Statements A19
Exhibit--Illustrative Engagement Letter A20
80 Compilation Engagements 01-A43
Exhibit A--Illustrative Engagement Letters A42
Exhibit B--Illustrative Examples of the Accountant’s Compilation Report on Financial Statements A43
90 Review of Financial Statements 01-A1 47
Appendix A--Analytical Procedures the Accountant May Consider Performing When Conducting a Review of Financial
Appendix B--Unusual or Complex Situations to Be Considered by the Accountant When Performing Inquiry Procedures in a Review of Financial Satements A144
Exhibit A--Illustrative Engagement Letters A145
Exhibit B--Illustrative Representation Letter A146
Exhibit C--Illustrations of Accountant’s Review Reports on Financial Statements A147