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Intro

PCAOB Auditing Standards


AU Section 100 Statements on Auditing Standards
AU Section 200 The General Standards
AU Section 300 The Standards of Field Work
AU Section 400 The First, Second, and Third Standards of Reporting
AU Section 500 The Fourth Standard of Reporting
AU Section 600 Other Types of Reports
AU Section 700 Special Topics
AU Section 800 Compliance Auditing
AU Section 900 Special Reports of the Committee on Auditing Procedure

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AU Table of Contents

AU Section 100 Statements on Auditing Standards -- Introduction


AU Section 110 - Responsibilities and Functions of the Independent Auditor

AU Section 150 - Generally Accepted Auditing Standards

AU Section 161 - The Relationship of Generally Accepted Auditing Standards to Quality Control Standards

AU Section 200 - The General Standards


AU Section 201 - Nature of the General Standards
AU Section 210 - Training and Proficiency of the Independent Auditor
AU Section 220 - Independence
AU Section 230 - Due Professional Care in the Performance of Work

AU Section 230A - Due Professional Care in the Performance of Work

AU Section 300 — The Standards of Field Work


AU Section 310 - Appointment of the Independent Auditor

AU Section 311 — Planning and Supervision

AU Section 9311 — Planning and Supervision: Auditing Interpretations of Section 311

AU Section 312 — Audit Risk and Materiality in Conducting an Audit

AU Section 9312 — Audit Risk and Materiality in Conducting an Audit: Auditing Interpretations of Section 31

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AU Section 312A — Audit Risk and Materiality in Conducting an Audit

AU Section 9312A — Audit Risk and Materiality in Conducting an Audit: Auditing Interpretations of Section 312A

AU Section 313 — Substantive Tests Prior to the Balance Sheet Date

AU Section 315 — Communications Between Predecessor and Successor Auditors

AU Section 316 — Consideration of Fraud in a Financial Statement Audit

AU Section 316A — Consideration of Fraud in a Financial Statement Audit

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AU Section 317 — Illegal Acts by Clients

AU Section 9317 — Illegal Acts by Clients: Auditing Interpretations of Section 317

AU Section 319 — Consideration of Internal Control in a Financial Statement Audit

AU Section 322 — The Auditor's Consideration of the Internal Audit Function in an Audit of Financial Statements

AU Section 324 — Service Organizations

AU Section 9324 — Service Organizations: Auditing Interpretations of Section 324

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AU Section 325 — Communications About Control Deficiencies in an Audit of Financial Statements
AU Section 9325 — Communication of Internal Control Related Matters Noted in an Audit: Auditing Interpretatio

AU Section 326 — Evidential Matter

AU Section 9326 — Evidential Matter: Auditing Interpretations of Section 326

AU Section 328 — Auditing Fair Value Measurements and Disclosures

AU Section 329 — Analytical Procedures

AU Section 329A — Analytical Procedures

AU Section 330 — The Confirmation Process

AU Section 331 — Inventories

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AU Section 332 — Auditing Derivative Instruments, Hedging Activities, and Investments in Securities

AU Section 333 — Management Representations

AU Section 9333 — Management Representations: Auditing Interpretations of Section 333

AU Section 333A — Management Representations

AU Section 9333A — Management Representations: Auditing Interpretations of Section 333A

AU Section 334 — Related Parties

AU Section 9334 — Related Parties: Auditing Interpretations of Section 334

AU Section 336 — Using the Work of a Specialist

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AU Section 9336 — Using the Work of a Specialist: Auditing Interpretations of Section 336

AU Section 337 — Inquiry of a Client's Lawyer Concerning Litigation, Claims, and Assessments

AU Section 337A — Appendix—Illustrative Audit Inquiry Letter to Legal Counsel


AU Section 337B — Exhibit I—Excerpts from Statement of Financial Accounting Standards No. 5: Accounting fo

AU Section 337C— Exhibit II—American Bar Association Statement of Policy Regarding Lawyers' Responses to
AU Section 9337 — Inquiry of a Client's Lawyer Concerning Litigation, Claims, and Assessments: Auditing Inter

[AU Section 339 — Audit Documentation]


AU Section 9339 — Audit Documentation: Auditing Interpretations of Section 339
AU Section 339A— Working Papers
AU Section 9339A— Working Papers: Auditing Interpretations of Section 339A

AU Section 341 — The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern

AU Section 9341 — The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern: Auditing

AU Section 341A — The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern

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AU Section 9341A — The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern: Auditing

AU Section 342 — Auditing Accounting Estimates

AU Section 9342 — Auditing Accounting Estimates: Auditing Interpretations of Section 342

AU Section 350 — Audit Sampling

AU Section 9350 — Audit Sampling: Auditing Interpretations of Section 350

AU Section 380 — Communication With Audit Committees

AU Section 9380 — Communication With Audit Committees: Auditing Interpretations of Section 380

AU Section 390 — Consideration of Omitted Procedures After the Report Date

AU Section 400 - The First, Second, and Third Standards of Reporting


AU Section 410 - Adherence to Generally Accepted Accounting Principles

AU Section 9410 - Adherence to Generally Accepted Accounting Principles: Auditing Interpretations of Section 4

AU Section 411 - The Meaning of Present Fairly in Conformity With Generally Accepted Accounting Principles
[AU Section 9411 - The Meaning of Present Fairly in Conformity With Generally Accepted Accounting Principles
[AU Section 420 - Consistency of Application of Generally Accepted Accounting Principles]
[AU Section 9420 - Consistency of Application of Generally Accepted Accounting Principles: Auditing Interpretat
AU Section 431 - Adequacy of Disclosure in Financial Statements
AU Section 435 - Segment Information

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AU Section 500 - The Fourth Standard of Reporting
AU Section 504 - Association With Financial Statements

AU Section 9504 - Association With Financial Statements: Auditing Interpretations of Section 504

AU Section 508 - Reports on Audited Financial Statements

AU Section 9508 - Reports on Audited Financial Statements: Auditing Interpretations of Section 508

AU Section 530 - Dating of the Independent Auditor's Report

AU Section 532 - Restricting the Use of an Auditor's Report

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AU Section 534 - Reporting on Financial Statements Prepared for Use in Other Countries

AU Section 9534 - Reporting on Financial Statements Prepared for Use in Other Countries: Auditing Interpretati

AU Section 543 - Part of Audit Performed by Other Independent Auditors

AU Section 9543 - Part of Audit Performed by Other Independent Auditors: Auditing Interpretations of Section 54

AU Section 544 - Lack of Conformity With Generally Accepted Accounting Principles

AU Section 550 - Other Information in Documents Containing Audited Financial Statements


AU Section 9550 - Other Information in Documents Containing Audited Financial Statements: Auditing Interpreta

AU Section 551 - Reporting on Information Accompanying the Basic Financial Statements in Auditor-Submitted

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AU Section 552 - Reporting on Condensed Financial Statements and Selected Financial Data

AU Section 558 - Required Supplementary Information

AU Section 9558 - Required Supplementary Information: Auditing Interpretations of Section 558

AU Section 560 - Subsequent Events

AU Section 561 - Subsequent Discovery of Facts Existing at the Date of the Auditor's Report
AU Section 9561 - Subsequent Discovery of Facts Existing at the Date of the Auditor's Report: Auditing Interpre

AU Section 600 - other types of reports


AU Section 622 — Engagements to Apply Agreed-Upon Procedures to Specified Elements, Accounts, or Items
AU Section 9622 — Engagements to Apply Agreed-Upon Procedures to Specified Elements, Accounts, or Items

AU Section 623 — Special Reports

AU Section 9623 — Special Reports: Auditing Interpretations of Section 623

AU Section 625 — Reports on the Application of Accounting Principles

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AU Section 634 — Letters for Underwriters and Certain Other Requesting Parties

AU Section 9634 — Letters for Underwriters and Certain Other Requesting Parties: Auditing Interpretations of S

AU Section 9642 — Reporting on Internal Accounting Control: Auditing Interpretations of SAS No. 30

AU Section 700 - Special topics


AU Section 711 — Filings Under Federal Securities Statutes

AU Section 9711 — Filings Under Federal Securities Statutes: Auditing Interpretations of Section 711

AU Section 722 — Interim Financial Information

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AU Section 722A — Interim Financial Information

AU Section 800 - Compliance Auditing


AU Section 801 — Compliance Auditing Considerations in Audits of Governmental Entities and Recipients of Go

AU Section 900 - Special Reports of the Committee on Auditing Procedures


AU Section 901 — Public Warehouses—Controls and Auditing Procedures for Goods Held

Copyright © American Institute of Certified Public Accountants, Inc.

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(.02 - .03) Distinction Between Responsibilities of Auditor and Management


(.04 - .05) Professional Qualifications
[.06 - .09] Detection of Fraud
(.10) Responsibility to the Profession

(.02 - .04) Auditing Standards


(.05 - .06) Interpretive Publications
(.07 - .08) Other Auditing Publications
(.09) Effective Date
g Standards to Quality Control Standards

(.01 - .06)
(.07 - .09) Professional Skepticism
(.10 - .13) Reasonable Assurance

(.01 - .06)
(.07 - .09) Professional Skepticism
(.10 - .13) Reasonable Assurance

(.01 - .02)
(.03) Appointment of the Independent Auditor
(.04) Appointment of Auditor Near or After the Year-End Date
(.05 - .07) Establishing an Understanding With the Client

(.01 - .02)
(.03 - .10) Planning
(.11 - .14) Supervision
(.15) Effective Date
pretations of Section 311
(.01 - .03) Communications Between the Auditor and Firm Personnel Responsible for Non-Audit Services
[.04 - .34] Planning Considerations for an Audit of a Federally Assisted Program
(.35 - .37) Responsibility of Assistants for the Resolution of Accounting and Auditing Issues
[.38 - .47] Audit Considerations for the Year 2000 Issue

(.01 - .11)
(.12- .33) Planning the Audit
(.34 - .41) Evaluating Audit Findings
(.42) Effective Date
an Audit: Auditing Interpretations of Section 312

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(.01 - .04) The Meaning of the Term Misstatement
(.05 - .09) Evaluating Differences in Estimates
(.10 - .14) Quantitative Measures of Materiality in Evaluating Audit Findings
(.15 - .17) Considering the Qualitative Characteristics of Misstatements

(.01 - .11)
(.12 - .33) Planning the Audit
(.34 - .40) Evaluating Audit Findings
(.41) Effective Date
Audit: Auditing Interpretations of Section 312A
(.01 - .04). The Meaning of the Term Misstatement
(.05 - .09) Evaluating Differences in Estimates
(.10 - .14) Quantitative Measures of Materiality in Evaluating Audit Findings
(.15 - .17) Considering the Qualitative Characteristics of Misstatements

(.01 - .03)
(.04 - .07) Factors to Be Considered Before Applying Principal Substantive Tests to the Details of Balance-Sheet Accounts at I
(.08 - .09) Extending Audit Conclusions to the Balance-Sheet Date
(.10) Coordinating the Timing of Auditing Procedures
uccessor Auditors
(.01 - .02) Introduction
(.03 - .11) Change of Auditors
(.12 - .13) Successor Auditor's Use of Communications
(.14 - .20) Audits of Financial Statements That Have Been Previously Audited
(.21 - .22) Discovery of Possible Misstatements in Financial Statements Reported on by a Predecessor Auditor
(.23) Effective Date
(.24) Appendix A — Illustrative Client Consent and Acknowledgment Letter
(.25) Appendix B — Illustrative Successor Auditor Acknowledgment Letter

(.01 - .04) Introduction and Overview


(.05 - .12) Description and Characteristics of Fraud
(.13) The Importance of Exercising Professional Skepticism
(.14 - .18) Discussion Among Engagement Personnel Regarding the Risks of Material Misstatement Due to Fraud
(.19 - .34) Obtaining the Information Needed to Identify the Risks of Material Misstatement Due to Fraud
(.35 - .42) ) Identifying Risks That May Result in a Material Misstatement Due to Fraud
(.43 - .45) Assessing the Identified Risks After Taking Into Account an Evaluation of the Entity's Programs and Controls That A
(.46 - .67) Responding to the Results of the Assessment
(.68 - .78) Evaluating Audit Evidence
(.79 - .82) Communicating About Possible Fraud to Management, the Audit Committee, and Others
(.83) Documenting the Auditor's Consideration of Fraud
(.84) Effective Date
(.85) Appendix — Examples of Fraud Risk Factors
(.86) Appendix — Amendment to Section 230, Due Professional Care in the Performance of Work
(.87) Appendix — Amendment to Section 333, Management Representations, paragraph .06 and Appendix A [paragraph .16]
(.88) Appendix — Exhibit

(.01 - .02) Introduction


(.03 - .10) Description and Characteristics of Fraud
(.11 - .25) Assessment of the Risk of Material Misstatement Due to Fraud
(.26 - .32) The Auditor's Response to the Results of the Assessment
(.33 - .36) Evaluation of Audit Test Results

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(.37) Documentation of the Auditor's Risk Assessment and Response
(.38 -.40) Communications About Fraud to Management, the Audit Committee, and Others
(.41) Effective Date

(.02 - .06) Definition of Illegal Acts


(.07 - .11) The Auditor's Consideration of the Possibility of Illegal Acts
(.12 - .21) The Auditor's Response to Detected Illegal Acts
(.22 - . 23) Other Considerations in an Audit in Accordance With Generally Accepted Auditing Standards
(.24) Responsibilities in Other Circumstances
(.25) Effective Date
s of Section 317
(.01 - .02) Consideration of Internal Control in a Financial Statement Audit and the Foreign Corrupt Practices Act
(.03 - .06) Material Weaknesses in Internal Control and the Foreign Corrupt Practices Act
l Statement Audit
(.01-.05) Introduction
(.06 - .07) Definition of Internal Control
(.08 - .13) Relationship Between Objectives and Components
(.14 - .15) Application of Components to a Financial Statement Audit
(.16 - .20) Effect of Information Technology on Internal Control
(.21 - .24) Limitations of an Entity's Internal Control
(.25 - .61) Obtaining an Understanding of Internal Control
(.62 - .83) Assessing Control Risk
(.84 - .89) Relationship of Understanding to Assessing Control Risk
(.90 - .104) Evidential Matter to Support the Assessed Level of Control Risk
(.105 - .108) Correlation of Control Risk With Detection Risk
(.109) Effective Date
(.110) Appendix — Internal Control Components
dit Function in an Audit of Financial Statements
(.02 -.03) Roles of the Auditor and the Internal Auditors
(.04 - .08) Obtaining an Understanding of the Internal Audit Function
(.09 - .11) Assessing the Competence and Objectivity of the Internal Auditors
(.12 - .17) Effect of the Internal Auditors' Work on the Audit
(.18 - .22) Extent of the Effect of the Internal Auditors' Work
(.23) Coordination of the Audit Work With Internal Auditors
(.24 - .26) Evaluating and Testing the Effectiveness of Internal Auditors' Work
(.27) Using Internal Auditors to Provide Direct Assistance to the Auditor
(.28) Effective Date
(.29) Appendix — The Auditor's Consideration of the Internal Audit Function in an Audit of Financial Statements

(.01 - .04) Introduction and Applicability


(.05 - .17) The User Auditor's Consideration of the Effect of the Service Organization on the User Organization's Internal Contr
(.18 - .21) Considerations in Using a Service Auditor's Report
(.22 - .62) Responsibilities of Service Auditors
(.63) Effective Date
ns of Section 324
(.01 - .03) Describing Tests of Operating Effectiveness and the Results of Such Tests
(.04 - .18) Service Organizations That Use the Services of Other Service Organizations (Subservice Organizations)
[.19 - .34] Responsibilities of Service Organizations and Service Auditors With Respect to Information About the Year 2000 Iss
(.35 - .37) Responsibilities of Service Organizations and Service Auditors With Respect to Forward-Looking Information in a Se
(.38 - .40) Statements About the Risk of Projecting Evaluations of the Effectiveness of Controls to Future Periods
[.41] Responsibilities of Service Organizations and Service Auditors With Respect to Subsequent Events in a Service Auditor’s

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n an Audit of Financial Statements
Matters Noted in an Audit: Auditing Interpretations of Section 325
(.01 - .07) Reporting on the Existence of Material Weaknesses
[.08 - .17] Audit Considerations for the Year 2000 Issue

(.01 - .02)
(.03 - .08) Nature of Assertions
(.09 - .14) Use of Assertions in Developing Audit Objectives and Designing Substantive Tests
(.15 - .20) Nature of Evidential Matter
(.21) Competence of Evidential Matter
(.22 - .24) Sufficiency of Evidential Matter
(.25) Evaluation of Evidential Matter
(.26) Appendix — Financial Statement Assertions, Illustrative Audit Objectives, and Examples of Substantive Tests

(.01 - .05) Evidential Matter for an Audit of Interim Financial Statements


(.06 - .23) The Effect of an Inability to Obtain Evidential Matter Relating to Income Tax Accruals
(.24 - .27) The Auditor's Consideration of the Completeness Assertion
(.28 - .41) Applying Auditing Procedures to Segment Disclosures in Financial Statements

(.01 - .08) Introduction


(.09 - .14) Understanding the Entity's Process for Determining Fair Value Measurements and Disclosures and the Relevant Co
(.15 - .19) Evaluating Conformity of Fair Value Measurements and Disclosures With GAAP
(.20 - .22) Engaging a Specialist
(.23 - .42) Testing the Entity's Fair Value Measurements and Disclosures
(.43 - .46) Disclosures About Fair Values
(.47) Evaluating the Results of Audit Procedures
(.48 - .49) Management Representations
(.50) Communication With Audit Committees
(.51) Effective Date

(.01 - .05)
(.06 - .08) Analytical Procedures in Planning the Audit
(.09 - .22) Analytical Procedures Used as Substantive Tests
(.23) Analytical Procedures Used in the Overall Review
(.24) Effective Date

(.01 - .05)
(.06 - .08) Analytical Procedures in Planning the Audit
(.09 - .21) Analytical Procedures Used as Substantive Tests
(.22) Analytical Procedures Used in the Overall Review
(.23) Effective Date

(.01 - .03) Introduction and Applicability


(.04) Definition of the Confirmation Process
(.05 - .14) Relationship of Confirmation Procedures to the Auditor's Assessment of Audit Risk
(.15 - .30) The Confirmation Process
(.31 - .32) Alternative Procedures
(.33) Evaluating the Results of Confirmation Procedures
(.34 - .35) Confirmation of Accounts Receivable
(.36) Effective Date

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(.01 - .02)
[.03 - .08] Receivables
(.09 - 13) Inventories
(.14) Inventories Held in Public Warehouses
(.15) Effect on the Auditor's Report
vities, and Investments in Securities
(.01 - .04) Applicability
(.05 - .06) The Need for Special Skill or Knowledge to Plan and Perform Auditing Procedures
(.07 - .18) Audit Risk and Materiality
(.19 - 51) Designing Substantive Procedures Based on Risk Assessments
(.52 - .55) Additional Considerations About Hedging Activities
(.56 - 57) Assertions About Securities Based on Management’s Intent and Ability
(.58) Management Representations
(.59) Effective Date

(.01) Introduction
(.02 - .04) Reliance on Management Representations
(.05 - .12) Obtaining Written Representations
(.13 - .14) Scope Limitations
(.15) Effective Date
(.16) Appendix A — Illustrative Management Representation Letter
(.17) Appendix B — Additional Illustrative Representations
(.18) Appendix C — Illustrative Updating Management Representation Letter
pretations of Section 333
(.01 - .04) Management Representations on Violations and Possible Violations of Laws and Regulations

(.01) Introduction
(.02 - .04) Reliance on Management Representations
(.05 - .12) Obtaining Written Representations
(.13 - .14) Scope Limitations
(.15) Effective Date
(.16) Appendix A — Illustrative Management Representation Letter
(.17) Appendix B — Additional Illustrative Representations
(.18) Appendix C — Illustrative Updating Management Representation Letter
erpretations of Section 333A
(.01 - .04) Management Representations on Violations and Possible Violations of Laws and Regulations

(.02 - .03) Accounting Considerations


(.04 - .12) Audit Procedures

[.01–.05] Evaluating the Adequacy of Disclosure of Related Party Transactions


[.06–.09] Disclosure of Commonly Controlled Parties
[.10–.11] Definition of "Immediate Family"
(.12 - .13) Exchange of Information Between the Principal and Other Auditor on Related Parties
(.14 - .15) Examination of Identified Related Party Transactions with a Component
(.16 - .21) The Nature and Extent of Auditing Procedures for Examining Related Party Transactions
(.22 -.23) Management's and Auditor's Responsibilities With Regard to Related Party Disclosures Prefaced by Terminolo

(.01 - .05) Introduction and Applicability


(.06 - .07) Decision to Use the Work of a Specialist
(.08 - .09) Qualifications and Work of a Specialist

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(.10 - .11) Relationship of the Specialist to the Client
(.12) Using the Findings of the Specialist
(.13 - .14) Effect of the Specialist's Work on the Auditor's Report
(.15 - .16) Reference to the Specialist in the Auditor's Report
(.17) Effective Date
pretations of Section 336
(.01 - .21) The Use of Legal Interpretations As Evidential Matter to Support Management’s Assertion That a Transfer of Financ
ion, Claims, and Assessments
(.02 - .03) Accounting Considerations
(.04 - .14) Auditing Considerations
Legal Counsel
cial Accounting Standards No. 5: Accounting for Contingencies

(1 - 3) Introduction
(8 - 11, 33 - 39) Standards of Financial Accounting and Reporting
ent of Policy Regarding Lawyers' Responses to Auditors' Requests for Information
ation, Claims, and Assessments: Auditing Interpretations of Section 337
(.01 - .03) Specifying Relevant Date in an Audit Inquiry Letter
(.04 - .05) Relationship Between Date of Lawyer's Response and Auditor's Report
(.06 - .07) Form of Audit Inquiry Letter When Client Represents That No Unasserted Claims and Assessments Exist
(.08 - .09) Documents Subject to Lawyer-Client Privilege
(.10 - .14) Alternative Wording of the Illustrative Audit Inquiry Letter to a Client's Lawyer
(.15 - .17) Client Has Not Consulted a Lawyer
(.18 - .23) Assessment of a Lawyer's Evaluation of the Outcome of Litigation
(.24 - .27) Use of the Client's Inside Counsel in the Evaluation of Litigation, Claims, and Assessments
(.28 - .30) Use of Explanatory Language About the Attorney-Client Privilege or the Attorney Work-Product Privilege
(.31 -32) Use of Explanatory Language Concerning Unasserted Possible Claims or Assessments in Lawyers' Responses to Au

s of Section 339

Section 339A
(.01 -.04) Functions and Nature of Working Papers
(.05) Content of Working Papers
(.06 - .08) Ownership and Custody of Working Papers
(.09) Effective Date
ity to Continue as a Going Concern
(.02 - .04) The Auditor's Responsibility
(.05) Audit Procedures
(.06) Consideration of Conditions and Events
(.07 - .09) Consideration of Management's Plans
(.10 - .11) Consideration of Financial Statement Effects
(.12 - .16) Consideration of the Effects on the Auditor's Report
(.17) Documentation
(.18) Effective Date
ility to Continue as a Going Concern: Auditing Interpretations of Section 341
(.01 - .02) Eliminating a Going-Concern Explanatory Paragraph From a Reissued Report
[.03 -.27] Effect of the Year 2000 Issue on the Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern
bility to Continue as a Going Concern
-0.01
(.02 - .04) The Auditor's Responsibility
(.05) Audit Procedures

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(.06) Consideration of Conditions and Events
(.07 - .09) Consideration of Management's Plans
(.10 - .11) Consideration of Financial Statement Effects
(.12 - .16) Consideration of the Effects on the Auditor's Report
(.17) Effective Date
Ability to Continue as a Going Concern: Auditing Interpretations of Section 341A
(.01 - .02) Eliminating a Going-Concern Explanatory Paragraph From a Reissued Report
(.03–.27) Effect of the Year 2000 Issue on the Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern

(.01 - .04)
(.05 - .06) Developing Accounting Estimates
(.07 - .14) Evaluating Accounting Estimates
(.15) Effective Date
(.16) Appendix — Examples of Accounting Estimates
rpretations of Section 342
(.01 - .10) Performance and Reporting Guidance Related to Fair Value Disclosures

(.01 - .06)
(.07 - .14) Uncertainty and Audit Sampling
(.15 - .30) Sampling in Substantive Tests of Details
(.31 - .43) Sampling in Tests of Controls
(.44) Dual-Purpose Samples
(.45) Selecting a Sampling Approach
(.47) Effective Date
(.48) Appendix — Relating the Risk of Incorrect Acceptance for a Substantive Test of Details to Other Sources of Audit Assura

(.01 - .02) Applicability

(.01 - .05)
(.06 - .16) Matters to Be Communicated
(.17) Effective Date
iting Interpretations of Section 380
(.01 - .03) Applicability of Section 380
e Report Date
(.01 - .07)
(.08) Effective Date

[.03 - .04]
Principles: Auditing Interpretations of Section 410
[.01 - .03] Accounting Principles Recommended by Trade Associations
[.04 - .12] The Impact of FASB Statement No. 2 on Auditor's Report Issued Prior to the Statement's Effective Date
(.13 - .18) The Impact on an Auditor's Report of a FASB Statement Prior to the Statement's Effective Date
th Generally Accepted Accounting Principles
With Generally Accepted Accounting Principles: Auditing Interpretations of Section 411]
ed Accounting Principles]
pted Accounting Principles: Auditing Interpretations of Section 420]

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(.01 - .04)
(.05 - .06) Disclaimer of Opinion on Unaudited Financial Statements
(.07) Disclaimer of Opinion on Unaudited Financial Statements Prepared on a Comprehensive Basis of Accounting
(.08 - .10) Disclaimer of Opinion When Not Independent
(.11 - .13) Circumstances Requiring a Modified Disclaimer
(.14 - .17) Reporting on Audited and Unaudited Financial Statements in Comparative Form
(.18 - .20) Negative Assurance
ng Interpretations of Section 504
(.01 - .07) Annual Report Disclosure of Unaudited Fourth Quarter Interim Data
[.08 - .12] Association of the Auditor of an Acquired Company With Unaudited Statements in a Listing Application
[.13 - .14] Association of the Auditor of the Acquiring Company With Unaudited Statements in a Listing Application
(.15 - .18) Auditor's Identification With Condensed Financial Data
(.19 - .22) Applicability of Guidance on Reporting When Not Independent
[.23 - .35] Reporting on Solvency

(.01 - .06) Introduction


(.07 - .10) The Auditor's Standard Report
(.11 - .13) Explanatory Language Added to the Auditor's Standard Report
[.14 - .15]
(.16 - .19)
(.20 - .49) Departures From Unqualified Opinions
[.50]
(.51 - .63)
(.64) Piecemeal Opinions
(.65 - .74) Reports on Comparative Financial Statements
(.75 - .76) Effective Date and Transition
iting Interpretations of Section 508
(.01 - .06) Report of an Outside Inventory-Taking Firm as an Alternative Procedure for Observing Inventories
[.07 - .10] Reporting on Comparative Financial Statements of Nonprofit Organizations
[.11 - .14] Reporting on Loss Contingencies
[.15 - .20] Reports on Consolidated Financial Statements That Include Supplementary Consolidating Information
[.21 - .24] Disclosures of Subsequent Events
[.25 - .28] The Materiality of Uncertainties
[.29 - .32] Reporting on an Uncertainty
(.33 - .37), [.38] Reporting on Financial Statements Prepared on a Liquidation Basis of Accounting
[.39 - .43] Quantifying Departures From Generally Accepted Accounting Principles
[.44 - .48.] Updated Reports Resulting From the Retroactive Suspension of Earnings per Share and Segment Information Disc
[.49 - .50] Restating Financial Statements Reported on by a Predecessor Auditor
(.51 - .52) Reference in Auditor's Standard Report to Management's Report
[.53 - .55] Reference to Country of Origin in the Auditor's Standard Report
(.56 - .59) Reporting on Audits Conducted in Accordance With Auditing Standards Generally Accepted in the United States of
(.60 - .75) Reporting as Successor Auditor When Prior-Period Audited Financial Statements Were Audited by a Predecessor A
(.76 - .84) Effect on Auditor's Report of Omission of Schedule of Investments by Investment Partnerships That Are Exempt Fro

(.01 - .02)
(.03 - .05) Events Occurring After Completion of Field Work But Before Issuance of Report
(.06 - .08) Reissuance of the Independent Auditor's Report

(.01) Introduction and Applicability

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(.02 - .04) General-Use and Restricted-Use Reports
(.05) Reporting on Subject Matter or Presentations Based on Measurement or Disclosure Criteria Contained in Contractual Ag
[.06] Reporting When Specified Parties Accept Responsibility for the Sufficiency of the Procedures Performed
(.07 - .11) Reporting as a By-Product of a Financial Statement Audit
(.12) Combined Reports Covering Both Restricted-Use and General-Use Subject Matter or Presentations
(.13) Inclusion of a Separate Restricted-Use Report in the Same Document With a General-Use Report
(.14 - .16), [.17] Adding Other Specified Parties
(.18) Limiting the Distribution of Reports
(.19) Report Language - Restricted Use
(.20) Effective Date
r Use in Other Countries
(.02) Purpose and Use of Financial Statements
(.03 - .05) General and Fieldwork Standards
(.06) Compliance With Auditing Standards of Another Country
(.07 - .15) Reporting Standards
(.16) Effective Date
or Use in Other Countries: Auditing Interpretations of Section 534
(.01 - .04) Financial Statements for General Use Only Outside of the United States in Accordance With International Accountin

(.02 - .03) Principal Auditor's Course of Action


(.04 - .05) Decision Not to Make Reference
(.06 - .09) Decision to Make Reference
(.10 - .11) Procedures Applicable to Both Methods of Reporting
(.12 - .13) Additional Procedures Under Decision Not to Make Reference
(.14) Long-Term Investments
(.15) Other Auditor's Report Departs From Standard Report
(.16 - .17) Restated Financial Statements of Prior Years Following a Pooling of Interests
(.18) Predecessor Auditor
Auditors: Auditing Interpretations of Section 543
(.01- .03) Specific Procedures Performed by the Other Auditor at the Principal Auditor's Request
(.04 - .07) Inquiries of the Principal Auditor by the Other Auditor
(.08 - .10) Form of Inquiries of the Principal Auditor Made by the Other Auditor
(.11 - .14) Form of Principal Auditor's Response to Inquiries from Other Auditors
(.15 - .17) Procedures of the Principal Auditor
(.18 - .20) Application of Additional Procedures Concerning the Audit Performed by the Other Auditor
[.21 - .24] Reporting on Financial Statements Presented on a Comprehensive Annual Financial Report of a Governmental Enti
counting Principles
(.02 - .04) Regulated Companies
dited Financial Statements
udited Financial Statements: Auditing Interpretations of Section 550
[.01 - .06] Reports by Management on Internal Accounting Control
(.07 - .11) Reports by Management on Internal Control Over Financial Reporting
(.12 - .15) Other References by Management to Internal Control Over Financial Reporting, Including References to the Indepe
(.16 - .18) Other Information in Electronic Sites Containing Audited Financial Statements
sic Financial Statements in Auditor-Submitted Documents
(.01 - .03)
(.04 - .11) Reporting Responsibility
(.12 - .14) Reporting Examples
(.15 - .16) Supplementary Information Required by GAAP
(.17 - .20) Consolidating Information
(.21) Additional Commentary Concerning the Audit

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(.22) Co-Existing Financial Statements
(.23) Effective Date
and Selected Financial Data
(.01 - .02)
(.03 - .08) Condensed Financial Statements
(.09 - .11) Selected Financial Data
(.12) Effective Date

(.02 - .03) Applicability


(.04 - .05) Involvement With Information Outside Financial Statements
(.06) Involvement With Required Supplementary Information
(.07) Procedures
(.08) Reporting on Required Supplementary Information
Interpretations of Section 558
(.01 - .06) Supplementary Oil and Gas Reserve Information

(.01 - .09)
(.10 - .12) Auditing Procedures in the Subsequent Period
Date of the Auditor's Report
Date of the Auditor's Report: Auditing Interpretations of Section 561
(.01 - .02) Auditor Association With Subsequently Discovered Information When the Auditor Has Resigned or Been Discharged

res to Specified Elements, Accounts, or Items of a Financial Statement


ures to Specified Elements, Accounts, or Items of a Financial Statement: Auditing Interpretations of Section 622
[.01 - .02] Applying Agreed-Upon Procedures to All, or Substantially All, of the Elements, Accounts, or Items of a Financial Sta

(.01 - .10) Introduction


(.11 - .18) Specified Elements, Accounts, or Items of a Financial Statement
(.19 - .21) Compliance With Aspects of Contractual Agreements or Regulatory Requirements Related to Audited Financial Sta
(.22 - .30) Special-Purpose Financial Presentations to Comply With Contractual Agreements or Regulatory Provisions
(.31) Circumstances Requiring Explanatory Language in an Auditor's Special Report
(.32 - .33) Financial Information Presented in Prescribed Forms or Schedules
(.34) Effective Date

[.01 - .08] Auditor's Report Under Employee Retirement Income Security Act of 1974
[.09 - .10] Reports on Elements, Accounts, or Items of a Financial Statement That Are Presented in Conformity with GAAP
[.11 - .14] Compliance With the Foreign Corrupt Practices Act of 1977
[.15 - .16] Reports on Engagements Solely to Meet State Regulatory Examination Requirements
[.17 - .25] Financial Statements Prepared in Accordance with Accounting Practices Specified in an Agreement
[.26 - .31] Reporting on Special-Purpose Financial Presentations
[.32 - .33] Understanding of Agreed-Upon Procedures
[.34 - .39] Adequacy of Disclosure in Financial Statements Prepared on a Comprehensive Basis of Accounting Other Than Ge
(.40 - .46) Auditors' Special Reports on Property and Liability Insurance Companies' Loss Reserves
(.47 - .54) 10. Reports on the Financial Statements Included in Internal Revenue Form 990, "Return of Organizations Exempt f
(.55 - .59) 11. Reporting on Current-Value Financial Statements That Supplement Historical-Cost Financial Statements in Pres
(.60 - .81) 12. Evaluation of the Appropriateness of Informative Disclosures in Insurance Enterprises' Financial Statements Pre
(.82 - .86), [.87 - .89] Reporting on a Special-Purpose Financial Statement That Results in an Incomplete Presentation But Is O
(.90 - .95) Evaluating the Adequacy of Disclosure in Financial Statements Prepared on the Cash, Modified Cash, or Income Ta

(.01 - .06) Introduction

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(.07 - .09) Performance Standards
(.10 - .11) Reporting Standards
questing Parties
(.01 - .02) Introduction
(.03 - .10) Applicability
(.11 - .21) General
(.22 - .62) Guidance on the Format and Contents of Comfort Letters
(.63) Effective Date
(.64) Appendix — Examples
equesting Parties: Auditing Interpretations of Section 634
(.01 - .09). Letters to Directors Relating to Annual Reports on Form10-K
[.10 - .12] Negative Assurance on Unaudited Condensed Interim Financial Statements Attached to Comfort Letters
(.13 - .29) Commenting in a Comfort Letter on Quantitative Disclosures About Market Risk Made in Accordance With Item 305
diting Interpretations of SAS No. 30
[.01 - .03] Pre-Award Surveys
[.04 - .05] Award Survey Made in Conjunction With an Audit
[.06 -.07] Reporting on Matters Not Covered by Government-Established Criteria
[.08 - .09] Limited Scope
[.10 - .13] Compliance With the Foreign Corrupt Practices Act of 1977
[.14 - .17] Reports on Internal Accounting Control of Trust Departments of Banks
[.18 - .25] Report Required by U.S. General Accounting Office
[.26 - .32] Form of Report on Internal Accounting Control Based Solely on a Study and Evaluation Made as Part of an Audit
[.33 - .34] Reporting on Internal Accounting Control Based Solely on an Audit When a Minimum Study and Evaluation Is Made
[.35 - .36.] Report Required by U.S. General Accounting Office Based on a Financial and Compliance Audit When a Study and
[.37 - .38] Restricted Purpose Report Required by Law to Be Made Available to the Public
[.39 - .41] Reporting on Internal Accounting Control "Compliance With the Currency and Foreign Transactions Reporting Act"

(.01 - .09)
(.10 - .11) Subsequent Events Procedures in 1933 Act Filings
(.12 - .13) Response to Subsequent Events and Subsequently Discovered Facts
uditing Interpretations of Section 711
(.01 - .11) Subsequent Events Procedures for Shelf Registration Statements Updated after the Original Effective Date
(.12 - .15) Consenting to be Named as an Expert in an Offering Document in Connection With Securities Offerings Other Than
(.16 - .17) Consenting to the Use of an Audit Report in an Offering Document in Securities Offerings Other Than One Register

(.01 - .04) Introduction


(.05 - .06) Applicability
(.07) Objective of a Review of Interim Financial Information
(.08 - .09) Establishing an Understanding With the Client
(.10 - .14) The Accountant's Knowledge of the Entity's Business and Its Internal Control
(.15 - .23) Analytical Procedures, Inquiries, and Other Review Procedures
(.24) Written Representations From Management
(.25 - .28) Evaluating the Results of Interim Review Procedures
(.29 - .36) Communications to Management, Audit Committees, and Others
(.37 - .46) The Accountant's Report on a Review of Interim Financial Information
(.47 - .48) Client's Representation Concerning a Review of Interim Financial Information
(.49 - .50) Interim Financial Information Accompanying Audited Financial Statements
(.51 - .52) Documentation
(.53) Effective Date
(.54) Appendix A — Analytical Procedures the Accountant May Consider Performing When Conducting a Review of Interim Fin

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(.55) Appendix B — Unusual or Complex Situations to Be Considered by the Accountant When Conducting a Review of Interim
(.56) Appendix C — Illustrative Management Representation Letters for a Review of Interim Financial Information

(.01 - .02) Introduction


(.03 - .06) Applicability
(.07) Understanding With the Client
(.08) Characteristics of Interim Financial Information
(.09) Objective of a Review of Interim Financial Information
(.10 - .11) The Accountant's Knowledge of Internal Control
(.12 - .19) Procedures for a Review of Interim Financial Information
(.20 - .27) Communication With Audit Committees
(.28 - .36) The Accountant's Report on a Review of Interim Financial Information
(.37) Client's Representation Concerning a Review of Interim Financial Information
(.38 - .45) Interim Financial Information Accompanying Audited Financial Statements
(.46) Effective Date

of Governmental Entities and Recipients of Governmental Financial Assistance


(.01 - .02) Introduction and Applicability
(.03 - .07) Effects of Laws on Financial Statements
(.08 - .09) Government Auditing Standards
(.10 - .20) Federal Audit Requirements
(.21 - .23) Communications Regarding Applicable Audit Requirements
(.24) Effective Date

rocedures for Goods Held


(.01) Introduction
(.02) General Considerations
(.03 - .05) Summary of Recommendations
(.06 - .12) Public Warehouse Operations
(.13 - .23) The Warehouseman
(.24 - .28) Controls and Auditing Procedures for Owner's Goods Stored in Public Warehouses

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udit Services

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ails of Balance-Sheet Accounts at Interim Dates

redecessor Auditor

atement Due to Fraud

ty's Programs and Controls That Address the Risks

6 and Appendix A [paragraph .16]

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Corrupt Practices Act

Financial Statements

User Organization's Internal Control and the Availability of Audit Evidence

bservice Organizations)
formation About the Year 2000 Issue in a Service Organization's Description of Controls
orward-Looking Information in a Service Organization's Description of Controls
ols to Future Periods
quent Events in a Service Auditor’s Engagement

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es of Substantive Tests

d Disclosures and the Relevant Controls, and Assessing Risk

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Disclosures Prefaced by Terminology Such As "Management Believes That"

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Assertion That a Transfer of Financial Assets Has Met the Isolation Criterion in Paragraph 9(a) of Financial Accounting Standards Board Sta

ms and Assessments Exist

Work-Product Privilege
ments in Lawyers' Responses to Audit Inquiry Letters

o Continue as a Going Concern

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o Continue as a Going Concern

s to Other Sources of Audit Assurance

ement's Effective Date


Effective Date

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ve Basis of Accounting

a Listing Application
n a Listing Application

rving Inventories

olidating Information

are and Segment Information Disclosure Requirements

Accepted in the United States of America and in Accordance With International Standards on Auditing
Were Audited by a Predecessor Auditor Who Has Ceased Operations
Partnerships That Are Exempt From Securities and Exchange Commission Registration Under the Investment Company Act of 1940

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iteria Contained in Contractual Agreements or Regulatory Provisions


edures Performed

Presentations

dance With International Accounting Standards and International Standards on Auditing

cial Report of a Governmental Entity When One Fund Has Been Audited by Another Auditor

ncluding References to the Independent Auditor

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Has Resigned or Been Discharged

counts, or Items of a Financial Statement

s Related to Audited Financial Statements


s or Regulatory Provisions

ented in Conformity with GAAP

d in an Agreement

asis of Accounting Other Than Generally Accepted Accounting Principles

"Return of Organizations Exempt from Income Tax"


-Cost Financial Statements in Presentations of Real Estate Entities
erprises' Financial Statements Prepared on a Statutory Basis
n Incomplete Presentation But Is Otherwise in Conformity With Generally Accepted Accounting Principles
Cash, Modified Cash, or Income Tax Basis of Accounting

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hed to Comfort Letters


Made in Accordance With Item 305 of Regulation S-K

uation Made as Part of an Audit


um Study and Evaluation Is Made
ompliance Audit When a Study and Evaluation Does Not Extend Beyond the Preliminary Review Phase

eign Transactions Reporting Act"

he Original Effective Date


th Securities Offerings Other Than Those Registered Under the Securities Act of 1933
Offerings Other Than One Registered Under the Securities Act of 1933

Conducting a Review of Interim Financial Information

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hen Conducting a Review of Interim Financial Information
Financial Information

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ncial Accounting Standards Board Statement No. 140

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nvestment Company Act of 1940

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