AU-C section 935
Professional Standards:
This section addresses the application of GAAS to a compliance audit. Compliance audits usually are performed in conjunction with a financial statement audit. This section does not apply to the financial statement audit component of such...
Published on October 04, 2012
Recently Issued Audit Interpretations
Article:
Recently Issued Audit Interpretations
Published on April 03, 2013
AU section 801A
Professional Standards:
This section applies when the auditor is engaged to audit a governmental entity under GAAS, and engaged to test and report on compliance with laws and regulations under Government Auditing Standards or in certain other circumstances involving governmental financial assistance
Published on October 11, 2011
AU section 161
Professional Standards:
This section describes the relationship between generally accepted auditing standards and quality control standards.
Published on October 02, 2012
AU-C section 200
Professional Standards:
This section addresses the independent auditor’s overall responsibilities when conducting an audit of financial statements in accordance with generally accepted auditing standards (GAAS
Published on October 03, 2012
The AICPAs Guide to Clarified and Converged Standards for Auditing and Quality Control
White Paper:
The AICPA’s Auditing Standards Board (ASB) is nearing completion of its Clarity Project. The goal of the Clarity Project is to make U.S. generally accepted auditing standards (GAAS) easier to read, understand, and apply. As the ASB redrafted the standards for clarity, it also converged the standards with International Standards
Published on July 14, 2011
AU-C section 905
Professional Standards:
...decides, to include in the auditor’s report or other written communication issued by the auditor in connection with an engagement conducted in accordance with generally accepted auditing standards (GAAS) (hereinafter referred to in this section as auditor’s written communication
Published on October 03, 2012
AU-C section 810
Professional Standards:
...section addresses the auditor’s responsibilities relating to an engagement to report separately on summary financial statements derived from financial statements audited in accordance with generally accepted auditing standards (GAAS) by the same auditor
Published on October 03, 2012
Clarified Statements on Auditing Standards
Professional Standards:
Clarified Statements on Auditing Standards (SASs), issued by the Auditing Standards Board (ASB), are effective for audits ending on or after December 15, 2012, and will replace existing SASs in 2014. Until then, both SASs and clarified SASs are available within AICPA Professional Standards.
Published on January 15, 2013
Auditing Standards Board
Article:
The Auditing Standards Board (ASB) is the AICPA’s senior committee for auditing, attestation, and quality control applicable to the performance and issuance of audit and attestation reports for non issuer
Published on April 12, 2013
Audit Standards Board Members Biographies
Article:
The 19 members of the ASB includes 5 members from local, regional and other non big four national firms; 5 members nominated by NASBA; 4 members from the big four firms; and 5 users and public members.
Published on January 15, 2013