Exposure Drafts of Proposed SASs, SSAEs, and SQCSs

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 ASB utilizes a process that includes deliberation in meetings open to the public, public exposure of proposed statements, and a formal vote. The Accounting and Review Services Committee (ARSC) also develops and issues Statements on Standards for Attestation Engagements through the same process. 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 file containing drafts of proposed pronouncements, comment letters received during public exposure periods, and summaries of research data is retained for 10 years.

Title Supplementary Materials Comment Due Date Comments
Proposed Statement on Auditing Standards, Amendments to AU-C Sections 725, 730, 930, 935, and 940   February 10, 2020  
Proposed Statement on Auditing Standards, Amendments to AU-C Sections 800, 805, and 810 to Incorporate Auditor Reporting Changes From SAS No. 134 Marked Drafts of Proposed AU-C Sections 800, 805, and 810 October 28, 2019 Comment Letters
Proposed Statement on Auditing Standards, Auditing Accounting Estimates and Related Disclosures

ISA 540 (Revised) Marked to Reflect the Exposure Draft

Mapping of Requirements in Extant AU-C Section 540 to the Exposure Draft

Mapping of Requirements in Extant AU-C Section 501 to the Exposure Draft

Diagram of Linkages Between Proposed AU-C Section 540 and Other AU-C Sections

November 22, 2019 Comment Letters
Proposed Statement on Auditing Standards, Audit Evidence   September 18, 2019 Comment Letters
Proposed Statement on Standards for Attestation Engagements, Selected Procedures   December 1, 2017 Comment Letters
Proposed Statement on Standards for Attestation Engagements, Revisions to Statement on Standards for Attestation Engagements No. 18, Attestation Standards: Clarification and Recodification Marked Drafts of Proposed AT-C Section 105, Concepts Common to All Attestation Engagements, Proposed AT-C Section 205, Examination Engagements, Proposed AT-C Section 210, Limited Assurance Engagements, and Proposed AT-C Section 215, Agreed-Upon Procedures Engagements October 11, 2018 Comment Letters