You are previewing Wiley Practitioner's Guide to GAAS 2013: Covering all SASs, SSAEs, SSARSs, and Interpretations.
O'Reilly logo
Wiley Practitioner's Guide to GAAS 2013: Covering all SASs, SSAEs, SSARSs, and Interpretations

Book Description

The clearest, easiest-to-use guide to understanding GAAS 2013 on the market—fully updated

This latest resource to understanding GAAS addresses the toughest part of the job—identifying, interpreting, and applying the many audit, attest, review, and compilation standards relevant to a particular engagement. The only GAAS reference organized according to practitioners' actual use of the Statements on Auditing Standards (SASs), inside you'll find examples and illustrations for testing internal controls, techniques for remaining compliant with each standard, and explanations of the reasons for each pronounceument.

  • A brief identification of each SAS, SSAE, and SSARS, with its effective date and tips on when to apply it

  • A convenient and comprehensive glossary of official definitions, which are usually scattered throughout a standard

  • Behind-the-scenes explanations of the reasons for each pronouncement and brief explanations of the basic ideas of the section

  • Concise listing and descriptions of each standard's specific mandate

  • Easy-to-read capsule summary of interpretations, plus selected AICPA practice alerts and advisories

  • Helpful techniques for remaining compliant with each standard

  • Examples and illustrations for testing internal controls

Wiley Practitioner's Guide to GAAS 2013 presents each statement individually, explaining how the standards are related and offering guidance on the entire engagement process in the form of practice notes, checklists, questionnaires, and real-world examples that illustrate how the fundamental requirements of each section are applied.

Table of Contents

  1. Cover
  2. Contents
  3. Title
  4. Copyright
  5. Preface
  6. About the Author
  7. Organization and Key Changes
  8. AU 100–230: The Auditor’s Responsibilities and Functions, Introduction to GAAS, and the General Standards (Including the Quality Control Standards)
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C 200 Definitions of Terms
    5. AU-C 220 Definitions of Terms
    6. Objectives of AU Sections 100–230
    7. Objectives of AU-C Section 200
    8. Objectives of AU-C Section 220
    9. Fundamental Requirements
    10. Defining Professional Requirements in Statements on Auditing Standards
    11. Interpretations
    12. Techniques for Application
    13. AU Illustrations
  9. AU 311: Planning and Supervision
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. Objectives of AU Section 311
    5. Objectives of AU-C Section 300
    6. Fundamental Requirements
    7. Interpretations
    8. Techniques for Application
    9. AU Illustration
    10. AU-C 210 Illustration
  10. AU 312: Audit Risk and Materiality in Conducting an Audit
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 312
    6. Objective of AU-C Section 320
    7. Objectives of AU-C Section 450
    8. Fundamental Requirements
    9. Interpretations
    10. Professional Issues Task Force Practice Alerts
    11. Techniques for Application
  11. AU 314: Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 314
    6. Objectives of AU-C Section 315
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
    10. AU Illustrations
  12. AU 315: Communications Between Predecessor and Successor Auditors
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. Applicability
    4. AU Definitions of Terms
    5. AU-C Section 510 Definitions of Terms
    6. Objectives of AU Section 315
    7. Objectives of AU-C Section 510
    8. Fundamental Requirements
    9. Interpretations
    10. Professional Issues Task Force Practice Alerts
    11. Techniques for Application
    12. AU Illustrations
    13. AU-C 510 Illustrations
  13. AU 316: Consideration of Fraud in a Financial Statement Audit
    1. AU Effective Date and Applicability
    2. AU-C Effective Date
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 316
    6. Objectives of AU-C Section 240
    7. Fundamental Requirements
    8. Interpretations
    9. Professional Issues Task Force Practice Alerts
    10. Techniques for Application
    11. AU Illustrations
  14. AU 317: Illegal Acts by Clients
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C 250 Definitions of Terms
    5. Objectives of AU Section 317
    6. Objectives of AU-C Section 250
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
  15. AU 318: Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C 330 Definitions of Terms
    5. Objectives of AU Section 318
    6. Objective of AU-C Section 330
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
  16. AU 322: The Auditor’s Consideration of the Internal Audit Function in an Audit of Financial Statements
    1. AU Effective Date and Applicability
    2. AU-C Status
    3. Definitions of Terms
    4. Objectives of AU Section 322
    5. Fundamental Requirements
    6. Interpretations
    7. Techniques for Application
    8. AU Illustrations
  17. AU 324: Service Organizations
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 324
    6. Objectives of AU-C Section 402
    7. Fundamental Requirements: User Auditors
    8. Fundamental Requirements: Service Auditors
    9. AU Interpretations
    10. Professional Issues Task Force Practice Alert
    11. Techniques for Application: User Auditors
    12. Techniques for Application: Service Auditors
    13. AU Illustrations
  18. AU 325: Communicating Internal Control Related Matters Identified in an Audit
    1. AU Effective Date and Applicability
    2. AU-C Effective Date
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 325
    6. Objectives of AU-C Section 265
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
    10. AU Illustrations
    11. AU-C 265 Illustrations
  19. AU 326: Audit Evidence
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 326
    6. Objective of AU-C Section 500
    7. Fundamental Requirements
    8. Interpretations
  20. AU 328: Auditing Fair Value Measurements and Disclosures
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 328
    6. Objective of AU-C Section 540
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
  21. AU 329: Analytical Procedures
    1. AU Effective Date and Applicability
    2. AU-C Effective Date
    3. AU Definitions of Terms
    4. AU-C Definition of Term
    5. Objectives of AU Section 329
    6. Objectives of AU-C Section 520
    7. Fundamental Requirements
    8. Interpretations
    9. Professional Issues Task Force Practice Alerts
    10. Techniques for Application
    11. AU Illustrations
  22. AU 330: The Confirmation Process
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 330
    6. Objective of AU-C Section 505
    7. Fundamental Requirements
    8. Interpretations
    9. Professional Issues Task Force Practice Alert
    10. Techniques for Application
    11. AU Illustrations
  23. AU 331: Inventories
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 331
    6. Objectives of AU-C Section 501
    7. Fundamental Requirements: Observation
    8. Fundamental Requirements: Reporting
    9. Interpretations
    10. Professional Issues Task Force Practice Alert
    11. Techniques for Application
    12. AU Illustrations
  24. AU 332: Auditing Derivative Instruments, Hedging Activities, and Investments in Securities
    1. AU Effective Date and Applicability
    2. AU-C Effective Date
    3. AU Definitions of Terms
    4. AU-C 501 Definitions of Terms
    5. Objectives of AU Section 332
    6. Objectives of AU-C Section 501
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
    10. AU Illustrations
  25. AU 333: Management Representations
    1. AU Effective Date and Applicability
    2. AU-C Effective Date
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 333
    6. Objectives of AU-C Section 580
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
    10. AU Illustrations
    11. AU-C 580 Illustrations
  26. AU 334: Related Parties
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 334
    6. Objectives of AU-C Section 550
    7. Fundamental Requirements
    8. AU Interpretations
    9. Techniques for Application
    10. AU Illustrations
  27. AU 336: Using the Work of a Specialist
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 336
    6. Objectives of AU-C Section 620
    7. Fundamental Requirements
    8. AU Interpretations
    9. Techniques for Application
    10. AU Illustrations
  28. AU 337: Inquiry of a Client’s Lawyer Concerning Litigation, Claims, and Assessments
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 337
    6. Objectives of AU-C Section 501
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
    10. AU Illustrations
  29. AU 339: Audit Documentation
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU-C Definitions of Terms
    4. Objectives of AU Section 339
    5. Objectives of AU-C Section 230
    6. Fundamental Requirements
    7. Interpretations
    8. Techniques for Application
    9. AU Illustrations
    10. AU-C Illustration
  30. AU 341: The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern
    1. AU Effective Date and Applicability
    2. AU-C Effective Date
    3. AU-C Definition of Term
    4. Objectives of AU Section 341
    5. Objectives of AU-C Section 570
    6. Fundamental Requirements
    7. Interpretations
    8. Techniques for Application
    9. AU Illustration
  31. AU 342: Auditing Accounting Estimates
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 342
    6. Objective of AU-C Section 540
    7. Fundamental Requirements
    8. AU Interpretation
    9. Techniques for Application
    10. AU Illustration
  32. AU 350: Audit Sampling
    1. AU Effective Date and Applicability
    2. AU-C Effective Date
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 350
    6. Objectives of AU-C Section 530
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application: Nonsampling
    10. Techniques for Application: Nonstatistical Audit Sampling
    11. Techniques for Application: Statistical Audit Sampling
    12. References
  33. AU 380: The Auditor’s Communication with Those Charged with Governance
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 380
    6. Objectives of AU-C Section 260
    7. Fundamental Requirements
    8. Interpretations
    9. Professional Issues Task Force Practice Alerts
    10. Techniques for Application
  34. AU 390: Consideration of Omitted Procedures After the Report Date
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 390
    6. Objectives of AU-C Section 585
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
    10. AU Illustration
  35. AU 410: Adherence to GAAP
    1. Effective Date and Applicability
    2. Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 410
    6. Objectives of AU-C Section 700
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
    10. AU Illustration
  36. AU 420: Consistency of Application of Generally Accepted Accounting Principles
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 420
    6. Objectives of AU-C Section 708
    7. Fundamental Requirements
    8. Interpretations
  37. AU 431: Adequacy of Disclosure in Financial Statements
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 431
    6. Objectives of AU-C Section 705
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
  38. AU 504: Association with Financial Statements
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. Objectives of AU Section 504
    5. Fundamental Requirements
    6. Interpretations
    7. Techniques for Application
    8. AU Illustrations
  39. AU 508: Reports on Audited Financial Statements
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 508
    6. Objectives of AU-C Sections
    7. Fundamental Requirements: Auditor’s Standard Report
    8. Fundamental Requirements: Explanatory Language Added to the Auditor’s Standard Report
    9. Fundamental Requirements: Departures from Unqualified Opinions
    10. Fundamental Requirements: Reports on Comparative Financial Statements
    11. Interpretations
    12. Professional Issues Task Force Practice Alerts
    13. Techniques for Application
    14. AU Illustrations
    15. AU-C 700 Illustrations
    16. AU-C 705 Illustrations
    17. AU-C 706 Illustrations
    18. List of AU-C Sections Containing Requirements for Emphasis-of-Matter Paragraphs
    19. List of AU-C Sections Containing Requirements for Other-Matter Paragraphs
  40. AU 530: Dating of the Independent Auditor’s Report
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 530
    6. Objectives of AU-C Section 560
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
  41. AU 532: Restricting the Use of an Auditor’s Report
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 532
    6. Objectives of AU-C Section 905
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
    10. AU Illustration
    11. AU-C 905 Illustrations
  42. AU 534: Reporting on Financial Statements Prepared for Use in Other Countries
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 534
    6. Objectives of AU-C Section 910
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
    10. AU Illustrations
    11. AU-C 910 Illustrations
  43. AU 543: Part of Audit Performed by Other Independent Auditors
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. Objectives of AU Section 543
    5. Fundamental Requirements
    6. Interpretations
    7. Techniques for Application
    8. AU Illustrations
  44. AU-C 600: Special Considerations—Audits of group financial statements (including the work of component auditors)
    1. AU-C Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU-C 600 Definitions of Terms
    4. Objectives of AU-C Section 600
    5. Fundamental Requirements
    6. Illustrations
  45. AU 544: Lack of Conformity with Generally Accepted Accounting Principles
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definition of Term
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 544
    6. Objectives of AU-C Section 800
    7. Fundamental Requirements
    8. Interpretations
  46. AU 550: Other Information in Documents Containing Audited Financial Statements
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 550
    6. Objective of AU-C Section 720
    7. Fundamental Requirements
    8. Interpretations
    9. Illustration
  47. AU 551: Supplementary Information in Relation to the Financial Statements as a Whole
    1. Effective Date and Applicability
    2. Effective Date and Applicability
    3. AU Definition of Term
    4. AU-C Definition of Term
    5. Objectives of AU Section 551
    6. Objective of AU-C Section 725
    7. Fundamental Requirements
    8. AU-C Interpretations
    9. AU Illustrations
    10. AU-C 725 Illustrations
  48. AU 552: Reporting on Condensed Financial Statements and Selected Financial Data
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 552
    6. Objectives of AU-C Section 810
    7. Fundamental Requirements
    8. Interpretations
    9. AU Illustrations
    10. AU-C 810 Illustrations
  49. AU 558: Required Supplementary Information
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 558
    6. Objectives of AU-C Section 730
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
    10. AU Illustrations
    11. AU-C 730 Illustrations
  50. AU 560: Subsequent Events
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives AU Section 560
    6. Objectives of AU-C Section 560
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
    10. AU Illustration
  51. AU 561: Subsequent Discovery of Facts Existing at the Date of the Auditor’s Report
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 561
    6. Objective of AU-C Section 560
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
  52. AU 623: Special Reports
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 623
    6. Objectives of AU-C 623
    7. Fundamental Requirements: Financial Statements Prepared in Conformity with an Ocboa
    8. Fundamental Requirements: Specified Elements, Accounts, or Items of a Financial Statement
    9. Fundamental Requirements: Compliance with Contractual or Regulatory Requirements Related to Audited Financial Statement
    10. Fundamental Requirements: Special-Purpose Financial Presentations to Comply with Contractual Agreements or Regulatory Provisions
    11. Fundamental Requirements: Circumstances Requiring Explanatory Language in an Auditor’s Special Report
    12. Fundamental Requirements: Financial Information Presented in Prescribed Forms or Schedules
    13. AU Interpretations
    14. AU Illustrations
    15. AU-C Illustrations
  53. AU 625: Reports on the Application of Accounting Principles
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. Applicability
    4. AU Definitions of Terms
    5. AU-C Definitions of Terms
    6. Objectives of AU Section 625
    7. Objectives of AU-C Section 915
    8. Fundamental Requirements
    9. Interpretations
    10. Techniques for Application
    11. AU Illustration
    12. AU-C 915 Illustration
  54. AU 634: Letters for Underwriters and Certain Other Requesting Parties
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. Applicability
    4. AU Definitions of Terms
    5. AU-C Definitions of Terms
    6. Objectives of AU Section 634
    7. Objectives of AU-C Section 920
    8. Fundamental Requirements: General
    9. Fundamental Requirements: Format and Contents of Comfort Letters
    10. Fundamental Requirements: Commenting in a Comfort Letter on Information other than Audited Financial Statements
    11. Fundamental Requirements: Other Matters
    12. Interpretations
    13. Techniques for Application
    14. AU Illustrations
    15. AU-C 920 Illustrations
  55. AU 711: Filings under Federal Securities Statutes
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 711
    6. Objectives of AU-C Section 711
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
    10. AU Illustration
    11. AU-C 925 Illustration
  56. AU 722: Interim Financial Information
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definition of Term
    5. Objectives of AU Section 722
    6. Objective of AU-C Section 930
    7. Fundamental Requirements: Review Procedures
    8. Fundamental Requirements: Communication with Audit Committees
    9. Fundamental Requirements: Communication with Management and Audit Committees
    10. Fundamental Requirements: Accountant’s Report
    11. Fundamental Requirements: Interim Financial Information Accompanying Audited Financial Statements
    12. Interpretations
    13. Techniques for Application
    14. AU Illustrations
    15. AU-C 930 Illustrations
  57. AU 801: Compliance Auditing
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C 935 Definitions of Terms
    5. Objectives of AU Section 801
    6. Objectives of AU-C Section 935
    7. Fundamental Requirements
    8. Interpretations
    9. Techniques for Application
    10. AU Illustration
  58. AU 901: Public Warehouses: Controls and Auditing Procedures for Goods Held
    1. AU Effective Date and Applicability
    2. AU-C Effective Date and Summary of Changes
    3. AU Definitions of Terms
    4. AU-C Definitions of Terms
    5. Objectives of AU Section 901
    6. Objective of AU-C Section 501
    7. Fundamental Requirements: Controls for Warehouseman
    8. Fundamental Requirements: Warehouseman’s Auditor
    9. Fundamental Requirements: Owner of Goods
    10. Fundamental Requirements: Owner’s Auditor
    11. Interpretations
  59. AT 101: Attest Engagements
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Defining Professional Requirements in Statements on Standards for Attestation Engagements
    4. Objectives of Section 101
    5. Fundamental Requirements
    6. Comparison of Attestation Standards with GAAS
    7. Interpretations
    8. Illustrations: Examination Reports
    9. Illustrations: Review Reports
  60. AT 201: Agreed-Upon Procedures Engagements
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of at Section 201
    4. Fundamental Requirements
    5. Interpretations
    6. Techniques for Application
    7. Illustrations
  61. AT 301: Financial Forecasts and Projections
    1. Effective Date and Applicability
    2. Applicability
    3. Definitions of Terms
    4. Objectives of at Section 301
    5. Fundamental Requirements: General
    6. Fundamental Requirements: Compilation of Prospective Financial Statements
    7. Fundamental Requirements: Examination of Prospective Financial Statements
    8. Fundamental Requirements: Applying Agreed-Upon Procedures to Prospective Financial Statements (See Also at Section 201)
    9. Fundamental Requirements: Other
    10. Interpretations
    11. Illustrations
    12. Appendices
  62. AT 401: Reporting on Pro Forma Financial Information
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of Section 401
    4. Fundamental Requirements
    5. Interpretations
    6. Techniques for Application
    7. Illustrations
  63. AT 501: an Examination of an Entity’s Internal Control Over Financial Reporting That Is Integrated with an Audit of Its Financial Statements
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of at Section 501
    4. Fundamental Requirements
    5. Reporting Requirements
    6. Interpretations
    7. Illustrations
  64. AT 601: Compliance Attestation
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of at Section 601
    4. Fundamental Requirements: General (Applicable to Both Agreed-Upon Procedures and Examination Engagements)
    5. Fundamental Requirements: Agreed-Upon Procedures Engagement
    6. Fundamental Requirements: Examination Engagement
    7. Interpretations
    8. Techniques for Application
    9. Illustrations
  65. AT 701: Management’s Discussion and Analysis (MD&A)—A Summary
    1. Effective Date and Applicability
    2. Definition of Term
    3. Objectives of at Section 701
    4. Fundamental Requirements: Examination
    5. Fundamental Requirements: Review
    6. Interpretations
    7. Illustrations
  66. AT 801: Reporting on Controls at a Service Organization
    1. Effective Date and Applicability
    2. Definition of Terms
    3. Objectives of at Section 801
    4. Fundamental Requirements
    5. Illustrations
  67. AR 60–90: Compilation and Review of Financial Statements
    1. Effective Date and Applicability
    2. Recent Developments
    3. Definitions of Terms
    4. Objectives and Limitations of Compilation and Review Engagements
    5. Fundamental Requirements
    6. Interpretations
    7. Illustrations: Traditional Compilation Engagement
    8. Illustrations: Review Engagement
  68. AR 110: Compilation of Specified Elements, Accounts, or Items of a Financial Statement
    1. Effective Date and Applicability
    2. Objectives of AR Section 110
    3. Fundamental Requirements
    4. Illustrations
  69. AR 120: Compilation of Pro Forma Financial Information
    1. Effective Date and Applicability
    2. Objectives of AR Section 120
    3. Fundamental Requirements
    4. Illustrations
  70. AR 200: Reporting on Comparative Financial Statements
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of AR Section 200
    4. Fundamental Requirements
    5. Interpretation
    6. Techniques for Application
    7. Illustrations
  71. AR 300: Compilation Reports on Financial Statements Included in Certain Prescribed Forms
    1. Effective Date and Applicability
    2. Definition of Term
    3. Objectives of AR Section 300
    4. Fundamental Requirements
    5. Interpretations
    6. Illustrations
  72. AR 400: Communications between Predecessor and Successor Accountants
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of AR Section 400
    4. Fundamental Requirements
    5. Interpretation
    6. Techniques for Application
    7. Illustration
  73. AR 600: Reporting on Personal Financial Statements Included in Written Personal Financial Plans
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of AR Section 600
    4. Fundamental Requirements
    5. Interpretation
    6. Illustration
  74. PCAOB 1: References in Auditors’ Reports to the Standards of the Public Company Accounting Oversight Board
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Fundamental Requirements
    4. Other PCAOB Guidance
    5. Interpretation: Commission Guidance Regarding the Public Company Accounting Oversight Board’s Auditing and Related Professional Practice Standard No. 1
    6. Illustrations
  75. PCAOB 3: Audit Documentation
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of PCAOB Standard 3
    4. Fundamental Requirements
  76. PCAOB 4: Reporting on Whether a Previously Reported Material Weakness Continues to Exist
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of PCAOB Standard 4
    4. Fundamental Requirements
    5. Techniques for Application
    6. Illustrations
  77. PCAOB 5: an Audit of Internal Control Over Financial Reporting That Is Integrated with an Audit of Financial Statements
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of PCAOB Standard 5
    4. Fundamental Requirements
    5. Illustrations
  78. PCAOB 6: Evaluating Consistency of Financial Statements
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of PCAOB Standard 6
    4. Fundamental Requirements
  79. PCAOB 7: Engagement Quality Review
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of PCAOB Standard 7
    4. Fundamental Requirements
  80. PCAOB 8: Audit Risk
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of PCAOB Standard 8
    4. Fundamental Requirements
  81. PCAOB 9: Audit Planning
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of PCAOB Standard 9
    4. Fundamental Requirements
  82. PCAOB 10: Supervision of the Audit Engagement
    1. Effective Date and Applicability
    2. Objectives of PCAOB Standard 10
    3. Fundamental Requirements
  83. PCAOB 11: Consideration of Materiality in Planning and Performing an Audit
    1. Effective Date and Applicability
    2. Objectives of PCAOB Standard 11
    3. Fundamental Requirements
  84. PCAOB 12: Identifying and Assessing Risks of Material Misstatement
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of PCAOB Standard 12
    4. Fundamental Requirements
  85. PCAOB 13: The Auditor’s Responses to the Risks of Material Misstatement
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of PCAOB Standard 13
    4. Fundamental Requirements
  86. PCAOB 14: Evaluating Audit Results
    1. Effective Date and Applicability
    2. Objectives of PCAOB Standard 14
    3. Fundamental Requirements
  87. PCAOB 15: Audit Evidence
    1. Effective Date and Applicability
    2. Definitions of Terms
    3. Objectives of PCAOB Standard 15
    4. Fundamental Requirements
  88. Appendix A: ASB Clarity Project: Extant AU Sections Mapped to the Clarified AU-C Sections
  89. Appendix B: Cross-References to SASs, SSAEs, and SSARSs
  90. Appendix C: List of AICPA Audit and Accounting Guides
  91. Appendix D: Other Auditing Publications in the GAAS Hierarchy
  92. Index