In a nonattest services engagement, the firm directs and supervises its own staff's activities. In a staff augmentation arrangement, the client agrees to direct and supervise the loaned staff's activities the firm's role is to ensure compliance with the terms of the arrangement. What are the differences between a staff augmentation arrangement and a nonattest services engagement? The guidance neither overrides nor amends the Code, which is the only authoritative source of AICPA ethics rules. To help firms implement the new interpretation, the AICPA Professional Ethics Division updated its nonauthoritative guidance in Frequently Asked Questions: General Ethics. This individual will (1) determine the nature and scope of the activities (2) supervise the loaned staff and (3) evaluate the adequacy of the activities and findings that result.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |