AICPA Clarified Statements on Auditing Standards Posted on 29 Mar 16:33

The Clarified Statements on Auditing Standards (SASs) are redrafted auditing codifications issued by the Auditing Standards Board (ASB). The ASB had hoped the revisions would make it easier for an auditor to interpret and apply the standards when conducting an audit. The SASs apply to audits for private companies, nonprofit organizations, federal, state and local governments. In addition to increased clarity, the redrafting also gave the ASB the opportunity to converge the standards with the International Standards on Auditing. 

To access the standards via the AICPA website, please click here.