The AICPA auditing standards board issues three standards. (Auditing).The AICPA AICPA See American Institute of Certified Public Accountants (AICPA). auditing standards board In the United States, the Auditing Standards Board (ASB) is the senior technical committee designated by the American Institute of Certified Public Accountants (AICPA) to issue auditing, attestation, and quality control statements, standards and guidance to certified public issues three standards. The first, Statement on Auditing Standards (SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System. ) no. 98, Omnibus 2002, contains amendments to SAS nos. 1, 8, 25, 29, 47, 52, 58 and 95, as well as to Statement on Standards for Attestation Engagements (SSAE) no. 1. SAS no. 98 also amends SAS no. 70 by rescinding Interpretation no. 6, incorporating its guidance into that statement. Two other standards, SSAE no. 12, Amendment to SSAE No. 10, Attestation Standards, and Statement on Quality Control Standards (SQCS) no. 6, Amendment to SQCS No. 2, System of Quality Control for a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. Firm's Accounting and Auditing Practice, clarify that, although an effective quality control system is conducive to compliance with GAAS See gallium arsenide. or the attestation standards, deficiencies in, or noncompliance with, a firm's quality control system do not, in and of themselves, indicate a failure to perform an engagement in accordance with the applicable professional standards. All three standards appear in Official Releases, page 112, and are also available from the AICPA order department at 888-777-7077. |
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