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Wiley Practitioner's Guide to GAAS 2021
Covering all SASs, SSAEs, SSARSs, and Interpretations
Joanne M. Flood
- English
- ePUB (mobile friendly)
- Available on iOS & Android
Wiley Practitioner's Guide to GAAS 2021
Covering all SASs, SSAEs, SSARSs, and Interpretations
Joanne M. Flood
About This Book
Wiley PRACTITIONER'S GUIDE TO GAAS
Stay up to date on critical auditing standards, practices, and procedures with this comprehensive 2021 guide
The American Institute of Certified Public Accountants' recent clarifications of all its professional standards and newly issued standards pose new compliance challenges for accounting professionals across the United States. And, it's more important than ever to ensure you're up to date with all applicable guidelines, rules, and regulations.
The Wiley Practitioner's Guide to GAAS 2021 delivers a thorough description and analysis of all SASs, SSAEs, SSARSs, and Interpretations necessary for you to fully understand all the latest professional standards. The guide offers all the most recent revisions to the standards and explains them clearly and accurately, providing explicit guidance on how to conduct your engagements efficiently, effectively, and properly.
You'll get helpful and practical direction on how to do your job as an accountant or auditor and save time by accessing all the info you need in a single, one-stop resource. You'll discover how to organize yourself using the Statements on Auditing Standards, comprehensive guidance on the entirety of the auditing process, and explanations of all attestation and review, compilation, and preparation standards.
Perfect for accountants and auditors who demand efficient and practical access to the information they need on a daily basis, The Wiley Practitioner's Guide to GAAS 2021 is an invaluable resource written from the ground up to save you time and simplify your compliance with professional standards.
Frequently asked questions
Table of contents
- COVER
- TABLE OF CONTENTS
- TITLE PAGE
- COPYRIGHT
- PREFACEāORGANIZATION AND KEY CHANGES
- ABOUT THE AUTHOR
- 1 AUāC 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Generally Accepted Auditing Standards
- 2 AUāC 210 Terms of Engagement
- 3 AUāC 220 Quality Control for an Engagement Conducted in Accordance with Generally Accepted Auditing Standards
- 4 AUāC 230 Audit Documentation
- 5 AUāC 240 Consideration of Fraud in a Financial Statement Audit
- 6 AUāC 250 Consideration of Laws and Regulations in an Audit of Financial Statements
- 7 AUāC 260 The Auditor's Communication with Those Charged with Governance
- 8 AUāC 265 Communicating Internal Control Related Matters Identified in an Audit
- 9 AUāC 300 Planning an Audit
- 10 AUāC 315 Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement
- 11 AUāC 320 Materiality in Planning and Performing an Audit
- 12 AUāC 330 Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained
- 13 AUāC 402 Audit Considerations Relating to an Entity Using a Service Organization
- 14 AUāC 450 Evaluation of Misstatements Identified during the Audit
- 15 AUāC 500 Audit Evidence
- 16 AUāC 501 Audit EvidenceāSpecific Considerations for Selected Items
- 17 AUāC 505 External Confirmations
- 18 AUāC 510 Opening BalancesāInitial Audit Engagements, Including Reaudit Engagements
- 19 AUāC 520 Analytical Procedures
- 20 AUāC 530 Audit Sampling
- 21 AUāC 540 Auditing Accounting Estimates, Including Fair Value Accounting Estimates and Related Disclosures
- 22 AU-C 550 Related Parties
- 23 AUāC 560 Subsequent Events and Subsequently Discovered Facts
- 24 AUāC 570 The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern
- 25 AUāC 580 Written Representations
- 26 AUāC 585 Consideration of Omitted Procedures after the Report Release Date
- 27 AUāC 600 Special ConsiderationsāAudits of Group Financial Statements (Including the Work of Component Auditors)
- 28 AUāC 610 Using the Work of Internal Auditors
- 29 AUāC 620 Using the Work of an Auditor's Specialist
- 30 AUāC 700 Forming an Opinion and Reporting on Financial Statements
- 31 AUāC 701 Communicating Key Audit Matters in the Independent Auditor's Report
- 32 AUāC Section 703 Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA
- 33 AUāC 705 Modifications to the Opinion in the Independent Auditor's Report
- 34 AUāC 706 EmphasisāofāMatter Paragraphs and OtherāMatter Paragraphs in the Independent Auditor's Report
- 35 AUāC 708 Consistency of Financial Statements
- 36 AUāC 720 Other Information in Documents Containing Audited Financial Statements
- 37 AUāC 725 Supplementary Information in Relation to the Financial Statements as a Whole
- 38 AUāC 730 Required Supplementary Information
- 39 AUāC 800 Special ConsiderationsāAudits of Financial Statements Prepared in Accordance with Special Purpose Frameworks
- 40 AUāC 805 Special ConsiderationsāAudits of Single Financial Statements and Specific Elements, Accounts, or Items of a Financial Statement
- 41 AUāC 806 Reporting on Compliance with Aspects of Contractual Agreements or Regulatory Requirements in Connection with Audited Financial Statements
- 42 AUāC 810 Engagements to Report on Summary Financial Statements
- 43 AUāC 905 Alert That Restricts the Use of the Auditor's Written Communication
- 44 AUāC 910 Financial Statements Prepared in Accordance with a Financial Reporting Framework Generally Accepted in Another Country
- 45 AUāC 915 Reports on Application of Requirements of an Applicable Financial Reporting Framework
- 46 AUāC 920 Letters for Underwriters and Certain Other Requesting Parties
- 47 AUāC 925 Filings with the U.S. Securities and Exchange Commission under the Securities Act of 1933
- 48 AUāC 930 Interim Financial Information
- 49 AUāC 935 Compliance Audits
- 50 AUāC 940 An Audit of Internal Control over Financial Reporting That Is Integrated with an Audit of Financial Statements
- 51 AUāC 945 Auditor Involvement with Exempt Offering Documents
- 52 ATāC Preface
- 53 ATāC 105 Concepts Common to All Attestation Engagements
- 54 ATāC 205 Examination Engagements
- 55 ATāC 210 Review Engagements
- 56 ATāC 215 AgreedāUpon Procedures Engagements
- 57 ATāC 305 Prospective Financial Information
- 58 ATāC 310 Reporting on Pro Forma Financial Information
- 59 ATāC 315 Compliance Attestation
- 60 ATāC 320 Reporting on an Examination of Controls at a Service Organization Relevant to User Entitiesā Internal Control over Financial Reporting
- 61 ATāC 701 Management's Discussion and Analysis
- 62 ARāC 60 General Principles for Engagements Performed in Accordance with Statements on Standards for Accounting and Review Services
- 63 AR āC 70 Preparation of Financial Statements
- 64 ARāC 80 Compilation Engagements
- 65 ARāC 90 Review of Financial Statements
- 66 ARāC 100 Special ConsiderationsāInternational Reporting Issues
- 67 ARāC 120 Compilation of Pro Forma Financial Information
- APPENDIX A: DEFINITIONS OF TERMSāAUāC STANDARDS
- APPENDIX B: DEFINITIONS OF TERMSāATāC STANDARDS
- APPENDIX C: DEFINITIONS OF TERMSāARāC STANDARDS
- APPENDIX D: OTHER AUDITING PUBLICATIONS 1
- INDEX
- END USER LICENSE AGREEMENT