SAS 105 added to Audit Risk Assessment Series.(Generally Accepted Auditing Standards)(Statement on Auditing Standards )

Publication: CPA Government & Nonprofit Report

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COPYRIGHT 2006 Aspen Publishers, Inc.

The second SAS in the Audit Risk Assessment Series is SAS 105, "Amendment to Statement on Auditing Standards No. 95 (Generally Accepted Auditing Standards)." SAS 95 contains the Generally Accepted Auditing Standards (GAAS) that auditors must follow. This particular SAS makes several wording changes to the fieldwork standards.

I have included the actual new wording (bold) and the deleted words (strike-through) followed by my analysis on each fieldwork standard.

Standards of Fieldwork:

1. The auditor...

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