The AICPA Division for CPA Firms provides for an SEC Practice Section and a Private Companies Practice

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The AICPA Division for CPA Firms provides for an SEC Practice Section and a Private Companies Practice Section.

Required:

a. Identify the similarities and differences in objectives between the two sections.

b. Enumerate the requirements of membership that are common to both sections.

c. Indicate the responsibilities and functions of the peer review teams that are common to both sections.

d. Identify the similarities and differences in peer review objectives between the two sections.

e. Enumerate the types of sanctions that are applicable to both sections.

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Modern Auditing

ISBN: 9780471542834

5th Edition

Authors: Walter Gerry Kell, William C. Boynton, Richard E. Ziegler

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