Exposure Drafts of Proposed Statements
The Auditing Standards Board (ASB) develops and issues standards in the form of Statements on Auditing Standards, Statements on Standards for Attestation Engagements, and Statements on Quality Control Standards. The Accounting and Review Services Committee (ARSC) develops and issues standards in the form of Statements on Standards for Accounting and Review Services. Both the ASB and the ARSC utilize a process that includes deliberation in meetings open to the public, public exposure of proposed Statements, and a formal vote. Exposure Drafts of these Statements are issued by the AICPA to invite public comment before a final pronouncement is issued. The public exposure time varies depending on the complexity of the issue and the circumstances surrounding the need for a new standard. A public file containing drafts of proposed pronouncements, comment letters received during public exposure periods, and summaries of research data is retained for ten years for public reference.
Select the title below to view a brief summary of the proposal. You also may download a complete copy of the Exposure Draft.
| TITLE |
COMMENT DUE DATE |
COMMENTS |
|
Proposed Statement on Standards for Attestation Engagements, Reporting on Controls at a Service Organization |
February 17, 2009 |
|
|
Proposed Statement on Auditing Standards, Audit Considerations Relating to an Entity Using a Service Organization (Redrafted) |
February 17, 2009 |
|
|
Proposed Statement on Standards for Accounting and Review Services, Applicability of Statements on Standards for Accounting and Review Services |
January 9, 2009 |
|
|
Proposed Preface to Codification of Statements on Auditing Standards, Principles Governing an Audit Conducted in Accordance With Generally Accepted Auditing Standards, and Proposed Statement on Auditing Standards, Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance With Generally Accepted Auditing Standards |
December 30, 2008 |
|
|
Proposed Statement on Auditing Standards, Interim Financial Information |
Closed
November 3, 2008 |
Letters of Comment |
|
Proposed Statement on Auditing Standards No. 103 (Redrafted), Audit Documentation |
Closed
June 30, 2008 |
Letters of Comment |
| Exposure Draft of a Proposed Statement on Auditing Standards, Amendment to Statement on Auditing Standards No. 69, The Meaning of Present Fairly in Conformity With Generally Accepted Accounting Principles, for Nongovernmental Entities |
Closed
6-27-2005 |
Letters of Comment |