Audit and Accounting

The 2024 edition of SEC Guidelines: Rules and Regulations is a compilation of Forms, Regulations, and Interpretative Guidance, and reflects the latest requirements for preparing financial statements and related disclosure documents to be filed with the SEC.

The GAAP Practice Manual is a comprehensive, authoritative reference for U.S. generally accepted accounting principles (GAAP). It is a complete source for analyses of the FASB Codification, which is the single authoritative foundation of U.S. GAAP. Each Section of the Manual is divided into the following parts: applicable authoritative FASB Codification sections; overview; measurement principles; disclosure requirements; disclosure examples; and related topics.

Issued by the International Accounting Standards Board in July 2009, IFRS for Small and Medium-sized Entities is a self-contained standard tailored for the needs and capabilities of smaller businesses. Many of the principles in full IFRSs for recognizing and measuring assets, liabilities, income and expenses have been simplified, topics not relevant to SMEs have been omitted, and the number of required disclosures has been significantly reduced.

The AICPA Professional Library provides you with the Audit and Accounting Guides, Audit Risk Alerts, Professional Standards, and Technical Practice Aids libraries in a sophisticated online platform that leverages our extensive editorial and primary source libraries. You'll also be able to take advantage of robust search capabilities and find-by-citation templates.

Due to increased interest among Checkpoint subscribers for IASB materials, Thomson Reuters has released the Standards and Interpretations from the International Accounting Standards Board (IASB) with Checkpoint's unique functionality and integration.

Note: The IASB content on Checkpoint can only be purchased as an add-on to any other Financial Reporting & Management product or package.

COSO Enterprise Risk Management - Integrated Framework promises to do for ERM what the COSO internal control framework did for internal control. That is, it promises to standardize a proven method for effectively identifying, assessing, and managing risk. The ERM framework incorporates many of the elements of the COSO internal control framework, but does not replace it or supersede it.

IFAC Professional Standards on Checkpoint includes International Standards on Auditing, Quality Control, Review, Other Assurance and Related Services, Ethics, Education, and more.

Note: The IFAC content on Checkpoint can only be purchased as an add-on to any other Accounting & Auditing product or library.

The SEC Reference Library Premium Package consists of new content added to Checkpoint with the 8.4 release: No Action Letters and Speeches, Statements and Testimony from the SEC. This content will not be added to products that already contain the SEC Reference Library and must be purchased separately.

IASB standards for Small and Medium Enterprises (SMEs) contains IFRS for SMEs Primary Source Database. The IFRS for SMEs are a recently issued set of standards that non-public companies can choose to utilize. IASB Standards for SMEs is the first internationally recognized set of accounting standards designed specifically for SMEs. IASB Standards for SMEs is built on IFRS foundations but is a separate, standalone product that sits side-by-side with the full set of IFRS standards. IASB standards for SMEs is a separate add-on product and not included in the existing International Accounting Standards on Checkpoint (WIASB) database of IASB standards. IASB standards for SMEs contains the Standard, Basis for Conclusions and Illustrative Financial Statements Presentation and Disclosure Checklist as approved by the IASB.

Academic Advantage - FASB for Academics (FASAQ) provides universities with access to the official text of the FASB Codification and Related Materials.  Note: FASB for Academics available to universities as an add-on with a Checkpoint subscription.

IFAC Professional Standards on Checkpoint for Academics includes International Standards on Auditing, Quality Control, Review, Other Assurance and Related Services, Ethics, Education, and more.

Note: The IFAC content on Checkpoint can only be purchased by an academic institution and as an add-on to any other Accounting & Auditing product or library.

The Academic Advantage - International Financial Reporting Standards (IFRSs) provides universities with access to the official text of standards issued by the IASB.  IFRS are designed as a common global language for business affairs so that company accounts are understandable and comparable across international boundaries.

Since 2007, IFRSs have been allowed for use by foreign issuers in the US, and there is an ongoing dialogue about the potential incorporation of IFRSs into the US domestic reporting system. Academic Advantage - International Financial Reporting Standards (IFRSs) contains the complete library of IFRSs, in addition to Bound Volumes, Proposal Stage Documents, and Revised and Amended Standards.

By subscribing to GASB for the Academic Market, university students can go one step beyond our top-notch WG&L governmental accounting and reporting analysis and directly access GASB's complete library of statements and other supporting material. Note: GASB for the Academic Market is available as an add-on to your Checkpoint subscription.

The AICPA Professional Library for the Academic Market is available as an add-on with a subscription to any other Financial Reporting & Management product or package on Checkpoint. By subscribing to this library, you get a complete, powerful solution for your financial reporting and compliance needs that keeps you fully informed.