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Exposure Drafts, Comment Letters, and Statements of Position
Business consultants -- United States; Consultants; Accounting -- Standards -- United States
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Proposed Statement On Auditing Standard : Reports On The Application Of Accounting Principles ;Reports On The Application Of Accounting Principles; Exposure Draft (American Institute Of Certified Public Accountants), 1985, Dec. 6, American Institute Of Certified Public Accountants. Auditing Standards Board
Proposed Statement On Auditing Standard : Reports On The Application Of Accounting Principles ;Reports On The Application Of Accounting Principles; Exposure Draft (American Institute Of Certified Public Accountants), 1985, Dec. 6, American Institute Of Certified Public Accountants. Auditing Standards Board
Exposure Drafts, Comment Letters, and Statements of Position
Management, accountants, and others often consult with professionals, including other accountants, on the application of accounting principles to new transactions and financial products. This proposed statement provides guidance to accountants who provide this service and establishes performance and reporting standards that (A) Apply (1) to written reports on the application of accounting principles and (2) to oral reports on a specific transaction when the reporting accountant concludes that the report is intended to be used by the principal to the transaction as primary support for a decision on the application of accounting principles; (B) Require consultation with a principal's continuing …