Kansas Administrative Regulations › Agency 74 - BOARD OF ACCOUNTANCY › Article 5 - CODE OF PROFESSIONAL CONDUCT › Section 74-5-2 - Definitions

Current through Register Vol. 43, No. 28, July 11, 2024
Each of the following terms, wherever used in this article of
				the board's regulations, shall have the meaning specified in this
				regulation:
(a) "AICPA" means American
			 institute of certified public accountants.
(b) "AICPA professional standards" means the
			 standards specified in this subsection, including definitions and
			 interpretations, published by the AICPA, which are hereby adopted by reference.
			 As used in the following AICPA professional standards, "member" shall mean a
			 person or firm subject to the board's regulation:
(1) "U.S. auditing standards-AICPA
			 (clarified)" in "AICPA professional standards," volume 1, pages 37-1364, except
			 pages 1279-1285, as in effect on June 1, 2016, and statement on auditing
			 standards no. 132, "the auditor's consideration of an entity's ability to
			 continue as a going concern," dated February 2017;
(2) "statements on standards for attestation
			 engagements" in "AICPA professional standards," volume 1, pages 1373-1705, as
			 in effect on June 1, 2016;
(3)
			 "U.S. attestation standards-AICPA (clarified)" in "AICPA professional
			 standards," volume 1, pages 1727-2095, as in effect on June 1, 2016;
(4) "statements on standards for accounting
			 and review services [clarified]" in "AICPA professional standards," volume 2,
			 pages 2719-2882, as in effect on June 1, 2016, and the following statements
			 issued after June 1, 2016:
(A) Statement on
			 standards for accounting and review services no. 22, "compilation of pro forma
			 financial information," except the three unnumbered pages before the table of
			 contents, issued September 2016; and
(B) statement on standards for accounting and
			 review services no. 23, "omnibus statement on standards for accounting and
			 review services-2016," except the six unnumbered pages before the table of
			 contents, issued October 2016;
(5) "code of professional conduct" in "AICPA
			 professional standards," volume 2, pages 2883-3076, as in effect on June 1,
			 2016, except for the following sections in Part 1:
(A) Section 1.800.001, "form of organization
			 and name";
(B) section 1.810.020,
			 "partner designation";
(C) section
			 1.810.030, "a member's responsibility for nonmember practitioners";
(D) section 1.810.040, "attest engagement
			 performed with a former partner";
(E) section 1.810.050, "alternative practice
			 structures"; and
(F) section
			 1.820.040, "use of a common brand name in firm name";
(6) "statements on standards for valuation
			 services" in "AICPA professional standards," volume 2, pages 3293-3344, as in
			 effect on June 1, 2016;
(7)
			 "consulting services" in "AICPA professional standards," volume 2, pages
			 3345-3350, as in effect on June 1, 2016;
(8) "quality control" in "AICPA professional
			 standards," volume 2, pages 3353-3386, as in effect on June 1, 2016;
(9) "standards for performing and reporting
			 on peer reviews" in "AICPA professional standards," volume 2, pages 3387-3588,
			 as in effect on June 1, 2016;
(10)
			 "tax services" in "AICPA professional standards," volume 2, pages 3589-3630, as
			 in effect on June 1, 2016; and
(11)
			 "personal financial planning" in "AICPA professional standards," volume 2,
			 pages 3639-3654, as in effect on June 1, 2016.
All definitions included in the standards adopted in this
				subsection shall apply only to the documents adopted by reference.