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Read the AICPA Requests guidance document thoroughly to understand the requirements
02
Determine the specific information requested by the AICPA
03
Organize all relevant documents and information that will be needed to respond to the request
04
Ensure all information provided is accurate and complete
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Submit the response to the AICPA in the specified format and within the deadline

Who needs aicpa requests guidance on?

01
Accountants and auditors who are members of the AICPA and receive requests for information
02
Firms and organizations that are subject to AICPA regulations and guidelines
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The AICPA requests guidance on best practices, interpretations of accounting standards, and issues related to the profession to ensure compliance and ethical standards.
Members of the AICPA, including CPAs, accounting firms, and other professionals in the accounting and finance sectors are required to file AICPA requests for guidance.
To fill out AICPA requests for guidance, individuals should provide a clear description of the issue, relevant facts, applicable standards, and specific questions needing clarification on the official request form.
The purpose of AICPA requests for guidance is to obtain clarification on accounting principles and practices, promote consistency in financial reporting, and support members in making informed decisions.
Information that must be reported includes the nature of the request, relevant accounting standards, background information on the issue, and specific guidance requested.
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