Monday, June 1, 2009

Proposed Auditing Standards Comment Periods Ended

Comment periods have ended for the following Proposed Auditing Statements

1. Exposure draft covering three proposed statements.

  • Required Supplementary Information,
  • Other Information in Documents Containing Audited Financial Statements,
  • Other Information in Relation to the Financial Statements as a Whole.

Comment period ended May 15, 2009.

2. Proposed Statement on Auditing Standards, Consideration of Fraud in a Financial Statement Audit (Redrafted). Comment period ended May 29, 2009.


3. Proposed Statements on Auditing Standards, Risk Assessment Standards. Exposure draft covering redrafting of SAS Nos. 106–110. Comment period ended April 30, 2009.

4. Proposed Statement on Auditing Standards, Consideration of Laws and Regulations In an Audit of Financial Statements. Comment period ended May 29, 2009.

5. Proposed Statement on Auditing Standards, Initial Audit Engagements, Including Reaudits—Opening Balances. Comment period ended May 29, 2009.

6. Proposed Statement On Auditing Standards, Audit Sampling (Redrafted), Comment period ended May 29, 2009.

The ASB posts comment letters received on exposure drafts at http://www.aicpa.org/ under Professional Resources, Accounting and Auditing.

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