SAS addresses several auditing standards.(Accounting Standards Board Statement on Auditing Standards)

The ASB issued Statement on Auditing Standards no. 93 in November (see Official Releases, page 116). Titled Omnibus Statement on Auditing Standards--2000, it discusses the following changes to three existing SASs:

* Withdrawal of SAS no. 75, Engagements to Apply Agreed-Upon Procedures to Specked Elements, Accounts, or Items of a Financial Statement. Since 1975 the guidance for performing agreed-upon procedures engagements has resided in two places within the AICPA's professional literature: the attestation standards and SAS no. 75. The ASB originally issued SAS no. 75 because a written assertion--until recently a condition for engagement performance under the attestation …