SSTSS

AcronymDefinition
SSTSSStrategic System Test Support Study
Copyright 1988-2018 AcronymFinder.com, All rights reserved.
References in periodicals archive ?
While direct ethical guidance may not be available to practitioners in all situations, it is still the practitioner's responsibility to apply the requirements of Circular 230, the Internal Revenue Code, and the SSTSs to these relatively new business practices.
Ethical considerations of e-business for practitioners
It should also be noted that Circular 230 pertains to federal tax issues, whereas the SSTSs pertain to all areas of taxation.
Overlooked Ethical Considerations in Mergers and Acquisitions of Accounting Practices
Risk management tip: While most tax professionals are aware of the SSTSs and Circular 230, many do not realize that the SSPFPS also applies to situations where the CPA identifies the client's personal financial goals, designs financial strategies, and makes personalized recommendations that, when implemented, assist the client in achieving those goals.
Planning to mitigate risk in tax planning engagements
During the exposure period for the updated SSTSs (2009), the AICPA received a number of questions and comments from CPAs and others.
Tax standards update: circular 230, due diligence and AICPA Tax FAQs
SSTSs are enforceable tax practice standards for AICPA members.
Proposed revised Statements on Standards for Tax Services address members' requests for clarification, new federal and state laws
A full copy of the SSTSs is also available at http://www.aicpa.org/download/tax/SSTSfinal.pdf.
Sprint Corporation: ethical decisions and tax avoidance strategies
While this column focuses on the requirements for tax practitioners, all practitioners can benefit from documenting their advice in accordance with Circular 230, the SSTSs, and the other recommendations provided.
Documentation is your ally for tax and other services
Regardless of the state of flux with the application of Circular 230 to CPAs engaged in tax preparation and not representation, CPAs are advised to review the AICPAs professional conduct standards and SSTSs.
Ripped circuLar: circular 230 regulation of cpas upended by court cases
This section should also include a listing and description of the AICPA's seven SSTSs, which are mandatory and enforceable for all AICPA members who provide tax services.
A tax quality control template for avoiding risk
For example, the sample TPQC document creates a monitoring function in paragraph 1 of the "Monitoring" section by including language that "[t]he firm conducts an inspection program regarding its TPQC policies and procedures for conformity with the SSTSs, Circular 230, and other applicable professional standards, laws, and regulations, and industry-preferred practices."
Best practices for firms to promote a culture of 'due professional care': A TPQC document plays a key role in helping a firm comply with relevant ethical requirements and promote an efficient and effective tax practice
Focus groups were held in Des Moines, Iowa, and Kansas City, Missouri, to gather insights into the most contentious passages in the SSTSs. Tax professionals from the major national firms, regional firms, and local firms studied the SSTSs and emphasized passages that evinced their ethical concerns.
Components of the AICPA's Statements on Standards for Tax Services
* The Tax Executive Committee adopted the Statements on Standards for Tax Services (SSTSs) and Interpretation 1-1 as enforceable standards under the AICPA's Code of Professional Conduct.
THE YEAR IN REVIEW
Acronyms browser ?
Full browser ?