Knowledge-Based Audits, Compilations and Reviews of Common Interest Realty Associations w/ CD (2012) (Knowledge Based Audit Procedures)

CCHs Knowledge-Based Audits, Compilations, and Reviews of Common Interest Realty Associations shows practitioners the most effective approach for conducting the highest quality audits, compilations and reviews of common interest realty associations. It includes the Knowledge-Based Audit, Compilations, and Reviews (KBA) practice aidschecklists, questionnaires, workpapers, sample correspondence, and sample audit, compilation, and review reportsto take the practitioner through an engagement, from the initial evaluation of a client to the issuance of the audit, compilation, or review report. The first edition of Knowledge-Based Audits, Compilations, and Reviews of Common Interest Realty Associations provides guidance by the Financial Accounting Standards Board (FASB) and the American Institute of Certified Public Accountants (AICPA) on the audit, compilation, and review of financial statements of common interest realty associations, based on the guidance and auditing pronouncements available through February 2011 and current through Statements on Standards Accounting and Review Services No. 20 (SSARS-20), Revised Applicability of Statements on Standards for Accounting and Review Services. Additionally, this guide incorporates the guidance and techniques described in Knowledge-Based Audit Procedures and Knowledge-Based Compilations and Reviews and provides additional material for conducting audits, compilations, and reviews in accordance with auditing and accounting standards applicable to common interest realty associations. In addition, CCH has developed a complete set of Knowledge-Based Audit, Compilation and Review workpapers to complement this guide, available through CCHs Accounting Research Manager.