Improving the Clarity of ASB Standards
AICPA Auditing Standards Board Clarification and Convergence Explanatory Memorandum AICPA's Auditing Standards Board International Convergence Plan Discussion Paper - Improving the Clarity of ASB Standards Comment letters received on discussion paper Mapping of Existing AU Sections to Clarity Statements on Auditing Standards AICPA Clarity Project: Questions and Answers About Status and Final Product AICPA Clarity Project Exposure Drafts Terms of Engagement and Written Representations Proposed SASs, Terms of Engagement; and Written Representations Supplementary Material: Comparison of Proposed SAS, Terms of Engagement, to ISA 210 Comparison of Proposed SAS, Written Representations, to ISA 580 Disposition of paragraphs .08–.10 of AU Section 311 and paragraphs .03–.10 of AU Section 315 in proposed SAS Terms of Engagement Disposition of AU Section 333 in proposed SAS Written Representations Auditor’s Reports Proposed SASs, Forming an Opinion and Reporting on Financial Statements; Modifications to the Opinion in the Independent Auditor’s Report; and Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report Proposed SAS, Reporting on Compliance With Aspects of Contractual Agreements or Regulatory Requirements in Connection With Audited Financial Statements (Redrafted) Supplementary Material: Comparison of Proposed SAS, Forming an Opinion and Reporting on Financial Statements, to ISA 700 and ISA 710 Comparison of Proposed SAS, Modifications to the Opinion in the Independent Auditor’s Report, to ISA 705 Comparison of Proposed SAS, Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report, to ISA 706 Comparison of Proposed SAS, Reporting on Compliance With Aspects of Contractual Agreements or Regulatory Requirements in Connection With Audited Financial Statements (Redrafted), to Paragraphs .19–.21 of Extant AU Section 623 Disposition of AU Sections 410 and 9410 in Proposed SAS, Forming an Opinion and Reporting on Financial Statements Disposition of ISA 710 in Proposed SAS, Forming an Opinion and Reporting on Financial Statements Disposition of AU Section 431 in Proposed SAS, Modification to the Opinion in the Independent Auditor’s Report Disposition of AU Sections 508 and 9508 in Proposed SASs, Forming an Opinion and Reporting on Financial Statements; Modifications to the Opinion in the Independent Auditor’s Report; and Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report Disposition of AU Section 532 in Proposed SAS, Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report Special Reports Proposed SASs, Special Considerations—Audits of Financial Statements Prepared in Accordance With Special Purpose Frameworks; and Special Considerations—Audits of Single Financial Statements and Specific Elements, Accounts, or Items of a Financial Statement Proposed SAS, Engagements to Report on Summary Financial Statements Supplementary Material: Comparison of Proposed SAS, Special Considerations—Audits of Financial Statements Prepared in Accordance With Special Purpose Frameworks, to ISA 800 Comparison of Proposed SAS, Special Considerations—Audits of Single Financial Statements and Specific Elements, Accounts, or Items of a Financial Statement, to ISA 805 Comparison of Proposed SAS, Engagements to Report on Summary Financial Statements, to ISA 810 Disposition of AU Sections 544 and 623 in Proposed SASs Special Considerations—Audits of Financial Statements Prepared in Accordance With Special Purpose Frameworks; and Special Considerations—Audits of Single Financial Statements and Specific Elements, Accounts, or Items of a Financial Statement Disposition of AU Section 552 in Proposed SAS, Engagements to Report on Summary Financial Statements Financial Reporting Framework Generally Accepted in Another Country Proposed SAS, Reporting on Financial Statements Prepared in Accordance With a Financial Reporting Framework Generally Accepted in Another Country Supplementary Material Related Parties Proposed SAS, Related Parties (Redrafted) Supplementary Material: Comparison of Proposed SAS to ISA 550 Disposition of AU Section 334 in Proposed SAS Audits of Group Financial Statements Proposed SAS, Audits of Group Financial Statements (Including the Work of Component Auditors) Supplementary Material: Comparison of Proposed SAS to ISA 600 Disposition of AU Section 543 in Proposed SAS Auditing Accounting Estimates Proposed SAS, Auditing Accounting Estimates, Including Fair Value Accounting Estimates and Related Disclosures (Redrafted) Supplementary Material: Comparison of Proposed SAS to ISA 540 Disposition of AU Section 328 in Proposed SAS Disposition of AU Section 342 in Proposed SAS Quality Control – SQCS Proposed SQCS, A Firm’s System of Quality Control (Redrafted) Supplementary Material Quality Control – SAS Proposed SAS, Quality Control for an Audit of Financial Statements Supplementary Material External Confirmations Proposed SAS, External Confirmations Supplementary Material: Comparison of Proposed SAS to ISA 505 Disposition of AU Section 330 in Proposed SAS Subsequent Events and Subsequently Discovered Facts Proposed SAS, Subsequent Events and Subsequently Discovered Facts Supplementary Material: Comparison of Proposed SAS to ISA 560 Disposition of AU Sections 508, 530, 560, and 561 in Proposed SAS Audit Sampling Proposed SAS, Audit Sampling (Redrafted) Supplementary Material: Comparison of Proposed SAS to ISA 530 Disposition of AU Section 350 in Proposed SAS Initial Audit Engagements Proposed SAS, Initial Audit Engagements, Including Reaudits—Opening Balances Supplementary Material: Comparison of Proposed SAS to ISA 510 Disposition of AU Section 315 in Proposed SAS Laws and Regulations Proposed SAS, Consideration of Laws and Regulations in an Audit of Financial Statements (Redrafted) Supplementary Material: Comparison of Proposed SAS to ISA 250 Disposition of AU Section 317 in Proposed SAS Risk Assessment Explanatory Memo Exhibit A – Comparison of Proposed Statements on Auditing Standards Related to Risk Assessment With the Corresponding International Standards on Auditing Exhibit B – Summary of Differences Between the PCAOB’s and the ASB’s Proposed Risk Assessment Standards Proposed SAS, Audit Evidence (Redrafted) Proposed SAS, Materiality in Planning and Performing an Audit (Redrafted) Proposed SAS, Evaluation of Misstatements Identified During an Audit Proposed SAS, Planning an Audit (Redrafted) Proposed SAS, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement (Redrafted) Proposed SAS, Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained (Redrafted) Supplementary Material: Comparison of Proposed SAS, Audit Evidence (Redrafted) to ISA 500 Comparison of Proposed SAS, Materiality in Planning and Performing an Audit (Redrafted) to ISA 320 Comparison of Proposed SAS, Evaluation of Misstatements Identified During the Audit to ISA 450 Comparison of Proposed SAS, Planning an Audit (Redrafted) to ISA 300 Comparison of Proposed SAS, Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement (Redrafted) to ISA 315 Comparison of Proposed SAS, Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained (Redrafted) to ISA 330 Press Release Questions and Answers on Redrafted Risk Assessment Standards Consideration of Fraud in a Financial Statement Audit Proposed SAS, Consideration of Fraud in a Financial Statement Audit (Redrafted) Supplementary Material: Comparison of Proposed SAS to ISA 240 Disposition of AU Section 316 in Proposed SAS Supplementary Information Proposed Statements on Auditing Standards, Required Supplementary Information; Other Information in Documents Containing Audited Financial Statements; and Other Information in Relation to the Financial Statements as a Whole. Supplementary Material: Comparison of Proposed SAS to ISA 720 Disposition of AU Section 550 Proposed SAS, Other Information in Documents Containing Audited Financial Statements Disposition of AU Section 551 in Proposed SAS, Other Information in Relation to the Financial Statements as a Whole Disposition of AU Section 558 in Proposed SAS, Required Supplementary Information Service Organizations - SSAE Proposed Statement on Standards for Attestation Engagements, Reporting on Controls at a Service Organization Supplementary Material: Comparison of Proposed SSAE to ISAE 3402 Disposition of AU Section 324 in Proposed SSAE Service Organizations - SAS Proposed Statement on Auditing Standards, Audit Considerations Relating to an Entity Using a Service Organization (Redrafted) Supplementary Material: Comparison of Proposed SAS to ISA 402 Disposition of AU Section 324 in Proposed SAS Visit the International Auditing and Assurance Standards Board (IAASB) Web site.
Visit the International Auditing and Assurance Standards Board (IAASB) Web site.
