The American Institute of CPAs has begun a two- to three-year project to revise its auditing standards in an effort to achieve greater clarity.
"For the last several years, we have been considering ways to make the standards more understandable and, we hope, less complex," said Charles Landes, vice president of professional standards and services at the AICPA, in a statement.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access