1410 - AICPA Statements on Auditing Standards

The Auditing Standards Board (ASB) redrafted all of the auditing sections in Codification of Statements on Auditing Standards (contained in AICPA Professional Standards). These sections now reflect the ASB’s established clarity drafting conventions designed to make the standards easier to read, understand and apply. As part of the clarification of the SASs, the AU section numbers as designated by former SAS Nos. 1-121 were recodified and “AU-C” was selected as an identifier to avoid confusion with references to superseded “AU” sections. “AU” sections superseded by SAS No. 122 were deleted from AICPA Professional Standards in December 2013. The following is an updated list of… Read More