The toolkit, provided by the Private Companies Practice Section (PCPS) of the American Institute of CPAs, is available to PCPS member firms at www.pcps.org.

SAS No. 104-111 is effective for audits performed on financial statements for periods beginning on or after Dec. 15, 2006.

The toolkit includes talking points, a glossary and a client communication letter, among other resources. For interested parties, a free FAQ sheet and SAS No. 104-111 Web Forum Archive are available on that Web site.