The Professional Ethics Executive Committee and the Accounting and Review Services Committee have extended deadlines on exposure drafts of proposed revisions for nonattest services and of requirements for compilation services.
The AICPA's Auditing Standards Board is asking members to complete a survey designed to help inform its response to the IAASB's Invitation to Comment regarding auditor's reports on financial statements.
The PCAOB released its report on the interim inspection program for auditors of brokers and dealers. It gives an overview of the new program and audit deficiencies identified in the initial group of inspected audits of brokers and dealers.
On August 2, 2012, the Governmental Accounting Standards Board (GASB) published standards intended to improve the accounting and financial reporting of public employee pensions by state and local governments.