Professional Standards?

  • Creator
    Topic
  • #173446
    NetsForce
    Member

    Hi,

    I was looking back at all the research problems I did in Wiley and they all pertained to the AICPA Statements on Auditing Standards and Interpretations (AU), Statements on Attestation Standards (AT), SSARS (AR), or Quality Contorl (QC), AICPA Code of Professional Conduct (ET), but one of the options in the research questions has always been:

    PCAOB Auditing Standards and Interpretations (PCAOB)

    In what case would I refer to these standards instead of any of the above literature? (I think I’m confusing myself on when to use what standards so if anyone has any tips or an outline it would be appreciated)

    (edit: Nevermind I just had a major brain fart PCAOB – Public – (AS)…)

Viewing 2 replies - 1 through 2 (of 2 total)
  • Author
    Replies
  • #363827
    NetsForce
    Member

    (Ignoring the first post)

    Can someone clarify the below for me:

    ASB – Is responsible for setting standards for non-public companies

    PCAOB – Is responsible for settingt standards for public companies?

    FASB – Is responsible for settingt standards for public companies?

    I keep getting mixed up on who issues what kind of standards..

    #363828
    forever4
    Member

    FASB = GAAP

    PCAOB created coz of SOX = SEC registered companies

    ASB + AICPA = GAAS

    SSARS + SAS => from AICPA too

    Correct me if i'm wrong.

    FAR 5/14 88 PASSED!
    REG 7/13 74 :((((((((....! I cant believe it!!!! I studied so hard...
    REG retake 11/29 -> 89!!!!!!!!!!!!!!!!!!!
    BEC 10/11/12 -> 84!!!!!!!!!!!!!
    AUD 10/25/12 -> 95!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    I'm DONE! OMG 8 months of hard work.

    I SHALL PASS. BECAUSE IT'S ME, SO EVERYTHING WILL BE OK!

Viewing 2 replies - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.