Tag Archives: Exposure Drafts

Exposure Draft – Statement on Standards for CPE Programs

September 12, 2011 The Statement on Standards for Continuing Professional Education (CPE) Programs (Standards) is published jointly by the American Institute of Certified Public Accountants (AICPA) and the National Association of State Boards of Accountancy (NASBA) to provide a framework for the development, presentation, measurement, and reporting of CPE programs. The Standards were last revised in…

Proposed Uniform Definition of Independence Discussion Paper

May 20, 2010 The discussion paper below is an attempt to combine two definitions of independence into one uniform definition. The IFAC states that the independence of mind is the state that permits the expression of a conclusion, while the AICPA states that it is the performance of an attest service without being affected by…

IESB Response to Exposure Draft Independence Audit and Review Engagements 8/26/08

August 26, 2008 NASBA responds to  an Exposure Draft – Section 290 of the Code of Ethics: Independence-Audit and Review Engagements (May 2008). NASBA goes on to say that the proposal as written is not appropriate and states multiple changes that are necessary. For example NASBA believes that it is not in the public interest…