What's New (Nov, 2007)
JICPA releases "Practical Guidelines for a Review of Quarterly Financial Statements"
November 26,2007
"Practical Treatment for Audits concerning Internal Control over Financial Reporting" issued
November 26,2007
On October 24, 2007, JICPA issued Auditing and Assurance Practice Committee Statement No.82 "Practical Treatment for Audits concerning Internal Control over Financial Reporting". For the Exposure Draft of this statement issued on July 18, 2007, over five hundred comments were received from thirty organizations or individuals to JICPA. This statement was issued after considerable deliberation with reference to all of the comments received. The document is available in Japanese only.
The 7th JICPA-CICPA Annual Conference
November 26,2007
he head office of CICPA in Beijing on October 16, 2007. Six delegates from JICPA, including the chairman and president, Mr. Masuda, visited CICPA. Six people from CICPA, including the president, Mr. Liu, attended the conference. The CICPA members briefed the JICPA delegates on developments in accounting and auditing in China, and together they had a very meaningful exchange of views.JICPA Issues Interpretive Guidance for Professional Ethics No. 2
November 26,2007
On October 10, 2007, JICPA issued Ethics Committee Statement No.2 "Interpretive Guidance for Professional Ethics No. 2". The objective of this statement is to keep members informed about the amended JICPA Code of Ethics, which was approved on December 11, 2006, and to encourage them to interpret and implement the amended code appropriately in their practice. This statement was compiled based on the questions received for the amended code and the Exposure Draft of amendments to the code, and gives definitions or interpretations of terms such as "network," "second opinions" and "referral fees."
JICPA responded to IAASB Proposed Pronouncements
November 7,2007
(pdf4P20KB)
Adobe Reader is required to see the PDF data.
