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October 10, 2017, This publication, which consists of an illustrative report, assertion, and description of controls and control objectives, has been prepared by the AICPA Investment Companies Expert
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The AICPA audit and accounting refer to the auditing and accounting standards and guidelines set forth by the American Institute of Certified Public Accountants.
Businesses and organizations that are required to follow GAAP (Generally Accepted Accounting Principles) are typically required to file AICPA audit and accounting reports.
AICPA audit and accounting reports should be filled out by a licensed CPA following the guidelines and standards set by the AICPA.
The purpose of AICPA audit and accounting is to provide stakeholders with assurance that financial statements are prepared in accordance with established accounting principles and are free from material misstatement.
AICPA audit and accounting reports typically include financial statements, disclosures, management representations, and the auditor's opinion on the financial statements.
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