AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/coms2/summary_0286-31854309_ITM" title="Facts and information about How new standards for auditors will likely affect the governments they audit.">How new standards for auditors will likely affect the governments they audit.</a>
Close
Set up an RSS feed that alerts you when new articles from Government Finance Review are available.
Frequently asked questions about RSS feeds
How new standards for auditors will likely affect the governments they audit.
In December 2005, the Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants issued Statement on Auditing Standards (SAS) No. 103, Audit Documentation. Two months later, in February 2006, the ASB released a set of eight pronouncements (SAS Nos. 104111) dealing with various aspects of the assessment of risk in a financial statement audit that are commonly referred to as the "risk-assessment suite." May of that same year saw the release of SAS No. 112, Communicating Internal Control Related Matters Identified in an Audit. Normally, the issuance of new auditing standards is largely, if not exclusively, of concern to audit professionals. These ...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- Audit awareness: SAS Nos. 104-111 fundamentally alter how auditors ply their...
- Magazine article from: California CPA August 1, 2007 700+ words
...The AICPA's Audit Risk Standards (SAS Nos. 104-111) are continuing the trend...standards are effective for audits of financial statements for periods beginning on or after...risk of material misstatements in financial statements. [ILLUSTRATION OMITTED] To gain...
- Risk Assessment Standards Revamp Auditing: SAS Nos. 104-111 have dramatically...
- Magazine article from: The Practical Accountant Wolosky, Howard January 1, 2007 700+ words
...explains that the standards, effective for audits of financial statements for periods beginning on or after December 15, 2006...rigorous assessment of the risks of where and how the financial statements could be materially misstated; and 3. Have improved...
- Understanding financial statements.
- Magazine article from: Financial Express November 20, 2005 700+ words
...Express) The key financial statements are 'balance sheet...any other entity. Financial statements are the most prominent...to the investors. Financial statements also provide useful...
- Financial Statements: What Do Today' Commercial lenders want 8 Expect?(Brief...
- Magazine article from: The Journal of Lending & Credit Risk Management Gronseth, Angela B. Helleloic, Richard T. December 1, 1999 700+ words
...considerable importance to customers' financial statements and prefer that those statements...lenders, and possible trends in financial statements of privately held companies. For...companies, the primary outside user of financial statements is usually a local bank or other...
- OCBOA financial statements: here's some practical guidance on a popular...
- Magazine article from: Journal of Accountancy Ratcliffe, Thomas A. October 1, 2003 700+ words
...CONSIDER preparing and reporting on financial statements using an "other comprehensive basis...including modified-cash-basis, financial statements are the most widely used OCBOA statements...engages a practitioner to audit OCBOA financial statements. CPAs typically will need to ...
- Financial statements The quest for more information.
- News wire article from: Asia Africa Intelligence Wire August 27, 2004 700+ words
...From Financial Mail) Financial statements The quest for more information...Funds Act of 1956 to submit financial statements within six months of the...financial year-ends. These financial statements have largely been ignored...
- RESTATED FINANCIAL STATEMENTS: AGENCIES` MANAGEMENT AND.
- News wire article from: The America's Intelligence Wire October 5, 2006 700+ words
...which are an integral part of the financial statements. Footnotes typically provide additional...disclosures that are necessary to make the financial statements more informative and not misleading...to rely on the previously issued financial statements, the auditor should take ...
- Reviews of financial statements - SAS 71 vs. SSARSs. (Statement on Auditing...
- Magazine article from: Journal of Accountancy Mancino, Jane M. Guy, Dan M. March 1, 1993 700+ words
...differences in the applicability of a SAS no. 71 and a SSARS review. * Interim financial statements or information vs. annual financial statements. * Financial statements vs. financial information. * Public vs. nonpublic entities. Interim...
- Achieving Auditable Financial Statements Within the Air Force.
- Magazine article from: Armed Forces Comptroller Speer, James R. June 22, 2000 700+ words
...produce audited, commercial-style financial statements. The Department of Defense (DoD...the Act. To comply, DoD produces financial statements that are a consolidation of Army...statements. Taken as a whole, the DoD Financial Statements represent over 65 percent of the...
- Assembly of financial statements for internal use only: the solution to the...
- Magazine article from: The National Public Accountant Ruble, Michael R. November 1, 1996 700+ words
...association with and reporting on financial statements of nonpublic entities involves the...Review Services (SSARS) No. 1 for financial statements assembled for internal use only...of allowed non-association with financial statements, known as an assembly. This new...
Source: HighBeam Research, How new standards for auditors will likely affect the governments...