Essential A&A Research Collection with FASB Accounting Standards Codification(TM) and GASB Library [Subscription]
AICPA Online Professional Library provides instant access to the authoritative information you need. With the Essential A&A Research Collection, you get unlimited access to six key references:
- AICPA Professional Standards — provides a comprehensive source of AICPA standards applicable to non-public entities.
- AICPA Technical Questions and Answers—a source of nonauthoritative guidance based on selected practice matters identified by the staff of the AICPA’s Technical Hotline and various other bodies within the AICPA.
- Financial Reporting Framework for Small- and Medium-Sized Entities With Implementation Resources — is a tool to prepare streamlined, relevant financial statements for privately held small- and medium-sized entities that do not need GAAP-compliant reports.
- AICPA Audit & Accounting Guides — demonstrates useful techniques and procedures for conducting compilation, review, and audit engagements.
- U.S. GAAP Financial Statements: Best Practices in Presentation and Disclosure — demonstrates useful techniques and procedures for conducting compilation, review and audit engagements.
- PCAOB Standards and Related Rules — supplies auditors of public companies with a current and comprehensive source of PCAOB standards for engagements.
- Audit Risk Alerts — help in planning and performing your audits by identifying the significant business risks that may result in the material misstatement of your client's financial statements.
- Audit Risk Assessment Tool — this tool walks an experienced auditor through the risk assessment procedures and documents those decisions necessary to prepare an effective and efficient audit program. Designed to be used in lieu of cumbersome checklists, it provides a top down risk-based approach to the identification of high risk areas to allow for appropriate tailoring of audit programs which will result in audit efficiencies.
- Trust Services Principles and Criteria — this resource presents measurement criteria for use when providing attestation or consulting services to evaluate controls relevant to the security, availability, and processing integrity of a system, and the confidentiality and privacy of the information processed by the system.
- Principles and Criteria for XBRL-Formatted Information — a tool to provide preparers and reviewers of XBRL files a consistent means to evaluate the quality of the files.
FASB Accounting Standards Codification™ (ASC) on AICPA Online Professional Library. On July 1, 2009 FASB launched the FASB ASC as the single source of authoritative nongovernmental U.S. generally accepted accounting principles (GAAP). FASB ASC significantly changes the structure and hierarchy of accounting and reporting standards into a topically organized format.
While working in FASB ASC on your AICPA Online Professional Library subscription, you will be able to:
- Perform a full-text search
- Browse by topic
- Access a cross reference report that identifies where legacy material is now located
- View the source of the codified content
- Join sections
- Access an archive function of previous versions of the content
- See all FASB ASC content that links to a given paragraph
Special Notice for University Departments and Libraries: The Financial Accounting Foundation (FAF) may, at its discretion, provide access to the FASB Accounting Standards Codification™ at reduced fees, or free of charge, to academic departments and libraries at post secondary institutions. For more information academic departments and libraries may contact FASB at (800) 748-0659.