Posted on 30th Mar 2013 @ 7:56 PM
At Roger CPA Review
, we are not only committed to helping our students successfully pass the CPA Exam, but also to ensuring that all CPA Candidates are educated on all exam-related industry updates. We've done our best to deliver updates & information relating to the Audit Clarity Project changes through our blog
and special webcast presentation
, and now we're taking it a step further.
You asked, and we listened! Without further ado, here is a summary of the Project Clarity changes that will take effect on July 1, 2013, and a sample Audit Report with the new standards - straight from our course. Enjoy!
2013 Audit Clarity Project Summary of Changes due on CPA Exam 7/1/2013
- Almost every standard has been re-written in the clarity format, making this the most comprehensive change to auditing standards in decade
- The clarity standards add several new requirements that auditors will have to meet in order to comply with generally accepted auditing standards