Proposed statement of position : definition of substantially the same for holders of debt instruments;Definition substantially the same for holders of debt instruments; Exposure draft (American Institute of Certified Public Accountants), 1988, Apr. 29

The AICPA\u27s Banking Committee, Savings and Loan Associations Committee, and Stockbrokerage and Investment Banking Committee conclude the following: For debt instruments, including mortgage-backed securities, to be substantially the same, all the following criteria must be met: A. The debt instruments must have the same primary obligor, except for debt instruments guaranteed by a sovereign goverment, central bank, or agency, thereof, in which case the guarantor must be the same. B. The debt instruments must be identical in form and type. C. The debt instruments must bear the identical contractual interest rate. D. The debt instruments must have the same maturity except in the case of mortgage-backed pass-through securities for which the mortgages collateralizing the securities must be similar with respect to maturities (that is, expected remaining lives) resulting in approximately the same market yield. E. In the case of mortgage-backed pass-through securities, the securities must be collateralized by a similar pool of mortgages, such as single-family residential mortgages. F. The debt instruments must have the same aggregate unpaid principal amounts, except in the case of mortgage-backed pass-through securities, the aggregate principal amounts of the mortgage-backed securities given up and the mortgage-backed securiities reacquired must be within the accepted good delivery standard for the type of mortgage-backed security involved.https://egrove.olemiss.edu/aicpa_sop/1513/thumbnail.jp

AICPA CPA Opinion Poll

https://egrove.olemiss.edu/aicpa_assoc/1619/thumbnail.jp

Cash management: managing your business dollars; Business advice from CPAs

https://egrove.olemiss.edu/aicpa_guides/1479/thumbnail.jp

Proposed statement of position : Inquiries of representatives of financial institution regulatory agencies ;Inquiries of representatives of financial institution regulatory agencies; Exposure draft (American Institute of Certified Public Accountants), 1989, Sept. 29

This proposed statement of position (SOP) amends chapter 2 in the AICPA Industry Audit Guide Audits of Banks and chapter 2 in the AICPA Audit and Accounting Guide Audits of Savings and Loan Associations. The proposed SOP emphasizes that the CPA should not overlook regulatory examiners as a source of competent evidential matter in conducting an audit of a financial institution\u27s financial statements and, therefore, should review reports of examination and other communications from examiners and, when appropriate, make inquiries of the examiners. The CPA should: 1. Request that management provide access to all reports of examinations and related correspondence. 2. Review reports of significant examinations and related correspondence received by the financial institution during the period under audit through the date of the CPA\u27s opinion. 3. Communicate with the examiners, with the prior approval of the financial institution, when their examination of the financial institution is in process or a report on a recent examination has not been received by the financial institution. A refusal by management to allow the CPA to review communications or communicate would be a scope limitation, whereas the refusal of the examiner to communicate with the auditor may be a scope limitation, depending on the auditor\u27s assessment of other relevant facts and circumstances.https://egrove.olemiss.edu/aicpa_sop/1526/thumbnail.jp

Quick reference guide to divorce-related tax-matters

https://egrove.olemiss.edu/aicpa_guides/2113/thumbnail.jp

Audits of futures commission merchants, introducing brokers, and commodity pool

https://egrove.olemiss.edu/aicpa_guides/1353/thumbnail.jp

Entities with oil and gas producing activities with conforming changes as of May 1, 2005; Audit and accounting guide:

https://egrove.olemiss.edu/aicpa_indev/1545/thumbnail.jp

Audits of entities with oil and gas producing activities with conforming changes as of May 1, 1998; Audit and accounting guide:

https://egrove.olemiss.edu/aicpa_indev/1538/thumbnail.jp

Entities with oil and gas producing activities with conforming changes as of May 1, 2007; Audit and accounting guide

https://egrove.olemiss.edu/aicpa_indev/2055/thumbnail.jp

Audits of entities with oil and gas producing activities with conforming changes as of May 1, 1997; Audit and accounting guide:

https://egrove.olemiss.edu/aicpa_indev/1537/thumbnail.jp