Auditing Resources

Describes AICPA auditing standards and its Clarity Project

AICPA's Clarity Project

The  AICPA's Auditing Standards Board (ASB) has redrafted almost all of the auditing sections in the Codification of Statements on Auditing Standards (contained in AICPA Professional Standards).

This "Clarity Project"  has the goal to make the standards easier to read, understand, and apply.

Clarified Statements on Auditing Standards (SASs), issued by the Auditing Standards Board (ASB), are effective for audits ending on or after December 15, 2012, and will replace existing SASs in 2014. Until then, both SASs and clarified SASs are available within AICPA Professional Standards. The clarified standards are current as of June 1, 2012.

About the American Institute of CPAs (AICPA)

The American Institute of Certified Public Accountants (AICPA) is the world’s largest member association representing the accounting profession.

The AICPA sets ethical standards for the profession and U.S. auditing standards for audits of private companies, nonprofit organizations, federal, state and local governments.

Before enactment of the Sarbanes-Oxley Act (SOX),  the AICPA set the auditing standards for public companies (issuers), but that is now the responsibility of the Public Company Accounting Oversight Board (PCAOB).


Using CCH Accounting Research Manager to Learn About the Clarity Project

Explains, through screen shots, different ways to locate information about the Clarity Project from the AICPA on CCH Accounting Research Manager.  Includes searching CCH's intepretations and guidance (unofficial.)

Use of CCH Accounting Research Manager is limited to Baruch students and faculty.

Helpful Articles About The Clarity Project