Audit and Attest

Local government audits require specialized guidance and tools to address their unique audit and accounting requirements. PPC’s Guide to Audits of Local Governments provides the audit programs, checklists, confirmations, and auditor’s reports you need to correctly perform these audits in an effective and efficient manner, from regular GAAS audits to Government Auditing Standards (Yellow Book) Audits to Single Audits. This Guide provides the most comprehensive set of audit materials available on the market, representing the gold standard for audits of local governments.

PPC’s Guide to Forecasts and Projections simplifies the complex rules that apply to engagements involving prospective financial information and provides you with comprehensive engagement, procedure, and reporting checklists to ensure you can efficiently and effectively perform your forecast or projection engagements. You’ll get expert guidance on all facets of engagements on prospective financial information, including accepting the client, selecting the level of service, gathering the facts, developing assumptions, performing the procedures, preparing the financial presentations, and issuing the report. 

PPC’s Guide to Auditor’s Reports provides detailed guidance on the AICPA audit reporting standards and more than 275 audit report illustrations and drafting forms including reports modified for GAAP departures, scope limitations, going concern uncertainties, and numerous other situations. Choose and draft the proper audit report with confidence and get the guidance you need to explain it to your client. 

PPC’s Guide to GAAS is the ultimate GAAS reference guide. It provides complete coverage of professional standards for audits, compilations, reviews, attestations, consulting, valuation services, quality control, and ethics. The Guide is more than a simple recitation of the standards; written in simple, easy-to-follow language, it includes practical considerations and critical insights that help you understand what the standards require and what they don't.

PPC’s Guide to Quality Control provides a comprehensive approach for designing and implementing a quality control (QC)/quality management (QM) system that complies with all of the QC/QM standards and at the same time is practical and cost-effective for firms of all sizes.

PPC’s Guide to Single Audits is your one source for all the rules, regulations, and guidelines for single audits of both governments and nonprofits. Performing single audits requires compliance with an array of complex regulatory and professional requirements. This Guide helps you comply with these requirements accurately and efficiently, thereby increasing your audit profits.

Audits of HUD multifamily project owners require specialized guidance and tools to address their unique accounting and compliance audit requirements. PPC's Guide to HUD Audits provides the audit programs, checklists, confirmations, and auditor's reports you need to correctly perform these audits in an effective and efficient manner. Guidance and practice aids are provided for audits of for profit project owners in accordance with the HUD audit guide and for nonprofit project owners in accordance with OMB Circular A-133.

Properly applied audit risk assessment procedures provide the foundation for an effective and efficient audit engagement. PPC's Guide to Audit Risk Assessment instructs you in how to identify, consider, and respond to the risks of material misstatement in the financial statements, allowing you to focus your audit time in the areas with the most significant risks, while limiting the time you spend on other areas. The Guide explains the risk assessment process and provides a complete package of implementation and other practical tools.

PPC's Guide to Homeowners' Associations and Other Common Interest Realty Associations is the most comprehensive Guide ever written about homeowners' associations, condominium associations, cooperative housing corporations, and time-share developments. The Guide covers the unique accounting, auditing, and reporting issues for common interest realty associations (CIRAs) and gives you everything you need to perform audit, compilation, and review engagements both effectively and profitably.

Nonprofit organizations may require compilations, reviews, audits, or Single Audits. PPC's Guide to Audits of Nonprofit Organizations includes tailored practice aids to help you perform audits and engagements for your nonprofit clients in accordance with professional standards. The Guide contains report examples and multiple sets of audit programs including a set of initial audit programs, a core set appropriate for any audit engagement, and a set appropriate for many small organization audits.

PPC's Guide to Nontraditional Engagements addresses situations where a client asks you to perform a service other than the traditional compilation, review, or audit of financial statements. It provides extensive guidance and a complete set of practice aids for many types of engagements, including agreed upon procedures engagements, internal control engagements, examinations and reviews, compliance with terms of a lease or other contract, engagements to report on specified elements, and many more.

PPC's Guide to Audits of Financial Institutions provides guidance and practice aids for financial statement audits, supervisory committee audits, directors’ examinations, integrated audits (internal control examination integrated with the audit of the financial statements), trust department engagements, and federal student loan engagements. It covers all key areas of a financial institution audit, including loan reviews, sampling, confirmation procedures, investments in marketable equity and debt securities, foreclosed assets and real estate investments, and income tax provisions.

Local government accounting professionals and auditors must stay aware of the constant changes affecting their specialized knowledge on governmental accounting and auditing. PPC's Governmental Update delivers up-to-the-minute information about government accounting, auditing, financial reporting, and single audits, assuring you that you will always be "in the know" - able to quickly respond to new requirements, avoid deficiencies, and manage your governmental practice to save time and increase profits!

Each month, PPC's Accounting and Auditing Update delivers concise, timely articles that keep you informed without wasting your time. The monthly Update includes coverage of hot topics that are important to your bottom line - from the rapidly changing standard-setting environment to ethics issues, to common audit concerns and financial statement pitfalls. In addition, the Update includes the PPC Technology Update, a regular monthly feature that provides information on the latest technology issues facing firms and practical tips on how to address them.

One of the best ways to add value to your audit engagements is to provide meaningful management letter comments, and PPC's Guide to Management Letter Comments: Operations and Controls will help you identify and provide such comments in an efficient way. The Guide provides over 1,000 illustrative comments in the areas where most management comments are developed - operations and controls. The comments are organized to help you find just the right one.

AU-C 265, Communicating Internal Control Related Matters Identified in an Audit, establishes requirements for making internal control communications to your clients. PPC's Guide to Internal Control Communications gives you everything you need to comply with those requirements when communicating internal control deficiencies identified during your audit engagements. The Guide includes detailed discussions and analysis of the authoritative standards, practice aids, case studies with illustrative documentation, and hundreds of illustrative internal control comments categorized by audit area or internal control component to help you find just the right one.

FASB and AICPA requirements change so often that it can be a challenge to follow every new update and see how it applies to you. The Accounting and Auditing Update Service can help you stay on top of these changes and provide guidance as to how they may or may not affect your work.

Get a streamlined approach for firms that provide only compilation and review services to establish and maintain a quality control system and pass peer review with PPC's Guide to Quality Control - Compilation and Review.

The Guide is designed to assist compilation and review firms in developing, implementing, and maintaining a system of quality control that incorporates the requirements of SQCS 8 and satisfies AICPA peer review requirements in the most efficient way possible.

PPC's Practice Aids™ - Audits of Employee Benefit Plans is the perfect companion to your subscription to PPC's Guide to Audits of Employee Benefit Plans (EBP). They are Microsoft® Word and Excel versions of all of the editable practice aids in that Guide, and they contain extensive practical considerations and tips to help you conduct your audits effectively and efficiently. They work with leading paperless engagement software or with Word and Excel alone.

The fastest and most convenient way to use PPC's industry-leading practice aids!

PPC's Practice Aids™ - Single Audits is the perfect companion to your subscription to PPC's Guide to Single Audits (GSA). They are Microsoft® Word and Excel versions of all of the editable practice aids in that Guide, and they contain extensive practical considerations and tips to help you conduct your Single Audits effectively and efficiently. They work with leading paperless engagement software or with Word and Excel alone.

PPC's Practice Aids™ - Auditor's Reports is the perfect companion to your subscription to PPC's Guide to Auditor's Reports (GAR). They are Microsoft® Word versions of all of the editable checklists and report illustrations in that Guide, and they contain extensive practical considerations and tips to help you draft your reports efficiently. They work with leading paperless engagement software or with Word alone.

As a result of increased scrutiny and the heightened emphasis on internal control, practitioners are providing more internal control-related services to their clients than ever before. PPC's Guide to Internal Control and Fraud Prevention contains the essential tools you need to assist clients in fulfilling their responsibility to design and implement programs and controls to prevent, deter, and detect fraud. The Guide covers both performing an evaluation of a nonpublic company's system of internal control and assisting with a public company client's Sarbanes-Oxley internal control assessment.

The Handbook of Accounting and Auditing provides a well-rounded perspective on technical accounting issues in business.

Missing or incomplete financial statement disclosures are one of the most common deficiencies cited by peer reviewers. PPC's Interactive Disclosure Library for Nonprofit Organizations assists financial statement preparers and auditors alike by providing an Excel version of our popular disclosure checklist for nonprofit organizations that can be electronically completed as well as providing real-world examples illustrating every disclosure required by GAAP.