AICPA Statement on Auditing Standards No. 134

Statement on Auditing Standards (SAS) No. 134, Auditor Reporting and Amendments, Including Amendments Addressing Disclosures in the Audit of Financial Statements, significantly changes the form and content of the auditor’s report issued after auditing a set of financial statements. The SAS also addresses the auditor’s responsibility to form an opinion on the financial statements. The auditor reporting suite of standards will benefit users of audited financial statements throughout the U.S. by placing the auditor’s opinion at the front of