Showing posts with label professional judgment. Show all posts
Showing posts with label professional judgment. Show all posts
Sunday, September 30, 2012

Should Accounting Standards be Principles or Rules?

›
In a recently-published article, Sir David Tweedie notes that: “Forty-odd years ago, as a CA apprentice, I didn't have to study a...
Wednesday, August 15, 2012

The Auditor’s Standard Report (1975)

›
In November 1975, the Auditing Standards Committee of the Canadian Institute of Chartered Accountants issued an exposure draft dealing...
Monday, July 30, 2012

Principles-based standards and professional judgment - then and now

›
At a historic roundtable discussion in New York, the chairman (Charles B. Couchman) stated that: “For many years the leading practition...
Friday, July 6, 2012

Generally Accepted Auditing Standards: Audit Evidence – 1977

›
In February 1975, the CICA’s Auditing Standards Committee (AuSC) proposed, subject to comments received following exposure, to publish the ...
Thursday, June 21, 2012

Generally Accepted Auditing Standards: Internal Control – 1976

›
In February 1975, the CICA’s Auditing Standards Committee (AuSC) proposed, subject to comments received following exposure, to publish t...
Wednesday, February 8, 2012

Generally Accepted Auditing Standards – 1975

›
Thirty-seven years ago, in February 1975, the CICA’s Auditing Standards Committee proposed, subject to comments received following exposure,...
Wednesday, January 11, 2012

Report of the CICA Special Committee on Standard-Setting (SCOSS) - 1980

›
On December 19, 1980, the CICA Special Committee on Standard-Setting (SCOSS) presented its Report to the CICA Board of Governors . This c...
Wednesday, November 23, 2011

CICA - Materiality in Auditing: An Audit Technique Study (1965)

›
In 1965, the Canadian Institute of Chartered Accountants (CICA) first published Materiality in Auditing: An Audit Technique Study . The For...
Tuesday, October 11, 2011

Comparing Thoughts on Professional Judgment - 1937 and 1988

›
“Proficiency in accounting work is largely a matter of experience and judgment; the underlying theory of the science is not particularly pro...
Tuesday, August 2, 2011

Report of the Commission to Study the Public’s Expectations of Audits - June 1988

›
The Report of the Commission to Study the Public’s Expectations of Audits (Macdonald Commission Report) was released by the Canadian Instit...