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Auditing Standards Update
During 2006, the AICPA Auditing Standards Board adopted significant changes to auditing standards which govern the conducts of audits of non-public companies. These new standards are collectively referred to as the Risk Assessment Standards. As part of our continued commitment to our clients and our profession, we have devoted this area of our website to communicating changes to auditing standards. Please check back frequently for new information. Resources:
December 2006 Letter to Clients - 2006 Year-End Standard Changes
February 2007 Letter from Our Managing Partner to Client CEOs Article - New Risk Assessment Auditing Standards Affect All Audits SAS No. 114, The Auditor's Communication With Those Charged With Governance Link to Additional Information: Special section of the AICPA website devoted to the new standards. |
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