[eBook Code] Wiley Practitioner's Guide to GAAS 2020 (eBook Code, 1st)

Preface—Organization and Key Changes ix

About the Author xiii

1 AU-C 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Generally Accepted Auditing Standards 1

2 AU-C 210 Terms of Engagement 7

3 AU-C 220 Quality Control for an Engagement Conducted in Accordance with Generally Accepted Auditing Standards 15

4 AU-C 230 Audit Documentation 21

5 AU-C 240 Consideration of Fraud in a Financial Statement Audit 33

6 AU-C 250 Consideration of Laws and Regulations in an Audit of Financial Statements 61

7 AU-C 260 The Auditor’s Communication with Those Charged with Governance 67

8 AU-C 265 Communicating Internal Control Related Matters Identified in an Audit 73

9 AU-C 300 Planning an Audit 83

10 AU-C 315 Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement 89

11 AU-C 320 Materiality in Planning and Performing an Audit 117

12 AU-C 330 Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained 121

13 AU-C 402 Audit Considerations Relating to an Entity Using a Service Organization 151

14 AU-C 450 Evaluation of Misstatements Identified during the Audit 159

15 AU-C 500 Audit Evidence 163

16 AU-C 501 Audit Evidence—Specific Considerations for Selected Items 167

17 AU-C 505 External Confirmations 199

18 AU-C 510 Opening Balances—Initial Audit Engagements, Including Reaudit Engagements 215

19 AU-C 520 Analytical Procedures 223

20 AU-C 530 Audit Sampling 237

21 AU-C 540 Auditing Accounting Estimates, Including Fair Value Accounting Estimates and Related Disclosures 263

22 AU-C 550 Related Parties 275

23 AU-C 560 Subsequent Events and Subsequently Discovered Facts 287

24 AU-C 570 The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern 299

25 AU-C 580 Written Representations 315

26 AU-C 585 Consideration of Omitted Procedures after the Report Release Date 329

27 AU-C 600 Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors) 335

28 AU-C 610 Using the Work of Internal Auditors 355

29 AU-C 620 Using the Work of an Auditor’s Specialist 369

30 AU-C 700 Forming an Opinion and Reporting on Financial Statements 379

31 AU-C 705 Modifications to the Opinion in the Independent Auditor’s Report 393

32 AU-C 706 Emphasis-of-Matter Paragraphs and Other-Matter Paragraphs in the Independent Auditor’s Report 411

33 AU-C 708 Consistency of Financial Statements 419

34 AU-C 720 Other Information in Documents Containing Audited Financial Statements 423

35 AU-C 725 Supplementary Information in Relation to the Financial Statements as a Whole 427

36 AU-C 730 Required Supplementary Information 435

37 AU-C 800 Special Considerations—Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks 441

38 AU-C 805 Special Considerations—Audits of Single Financial Statements and Specific Elements, Accounts, or Items of a Financial Statement 451

39 AU-C 806 Reporting on Compliance with Aspects of Contractual Agreements or Regulatory Requirements in Connection with Audited Financial Statements 463

40 AU-C 810 Engagements to Report on Summary Financial Statements 471

41 AU-C 905 Alert That Restricts the Use of the Auditor’s Written Communication 481

42 AU-C 910 Financial Statements Prepared in Accordance with a Financial Reporting Framework Generally Accepted in Another Country 489

43 AU-C 915 Reports on Application of Requirements of an Applicable Financial Reporting Framework 495

44 AU-C 920 Letters for Underwriters and Certain Other Requesting Parties 501

45 AU-C 925 Filings with the U.S. Securities and Exchange Commission under the Securities Act of 1933 539

46 AU-C 930 Interim Financial Information 545

47 AU-C 935 Compliance Audits 573

48 AU-C 940 An Audit of Internal Control over Financial Reporting That is Integrated with an Audit of Financial Statements 583

49 AU-C 945 Auditor Involvement with Exempt Offering Documents 609

50 AT-C Preface 613

51 AT-C 105 Concepts Common to All Attestation Engagements 617

52 AT-C 205 Examination Engagements 623

53 AT-C 210 Review Engagements 647

54 AT-C 215 Agreed-Upon Procedures Engagements 663

55 AT-C 305 Prospective Financial Information 677

56 AT-C 310 Reporting on Pro Forma Financial Information 691

57 AT-C 315 Compliance Attestation 705

58 AT-C 320 Reporting on an Examination of Controls at a Service Organization Relevant to User Entities’ Internal Control over Financial Reporting 715

59 AT-C 701 Management’s Discussion and Analysis 731

60 AR-C 60 General Principles for Engagements Performed in Accordance with Statements on Standards for Accounting and Review Services 739

61 AR-C 70 Preparation of Financial Statements 743

62 AR-C 80 Compilation Engagements 751

63 AR-C 90 Review of Financial Statements 775

64 AR-C 100 Special Considerations—International Reporting Issues 815

65 AR-C 120 Compilation of Pro Forma Financial Information 825

Appendix A Definitions of Terms—AU-C Standards 831

Appendix B Definitions of Terms—AT-C Standards 851

Appendix C Defintions for Preparation, Compilation, and Review—AR-C Standards 861

Appendix D Cross-References to SASs, SSAEs, and SSARSs 867

Appendix E List of Aicpa Audit and Accounting Guides and Aicpa Statements of Position—Auditing and Attestation 869

Appendix F Other Auditing Publications 871

Index 873