Wiley Practitioner's Guide to GAAS 2012

Preface ix About the Author xi Summary of Key Changes xiii 100-230 The Auditor's Responsibilities and Functions, Introduction to GAAS and the General Standards (Including the Quality Control Standards) 1 311 Planning and Supervision 11 312 Audit Risk and Materiality in Conducting an Audit 23 314 Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement 39 315 Communications between Predecessor and Successor Auditors 67 316 Consideration of Fraud in a Financial Statement Audit 75 317 Illegal Acts by Clients 105 318 Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained 111 322 The Auditor's Consideration of the Internal Audit Function in an Audit of Financial Statements 139 324 Service Organizations 151 325 Communicating Internal Control Related Matters Identified in an Audit 169 326 Audit Evidence 179 328 Auditing Fair Value Measurements and Disclosures 185 329 Analytical Procedures 195 330 The Confirmation Process 211 331 Inventories 227 332 Auditing Derivative Instruments, Hedging Activities, and Investments in Securities 241 333 Management Representations 257 334 Related Parties 273 336 Using the Work of a Specialist 285 337 Inquiry of Client's Lawyer Concerning Litigation, Claims, and Assessments 295 339 Audit Documentation 311 341 The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern 323 342 Auditing Accounting Estimates 337 350 Audit Sampling 345 380 The Auditor's Communication with Those Charged with Governance 369 390 Consideration of Omitted Procedures After the Report Date 379 410/411 Adherence to GAAP (410) and the Meaning of "Present Fairly in Conformity with GAAP" (411) 385 420 Consistency of Application of Generally Accepted Accounting Principles 395 431 Adequacy of Disclosure in Financial Statements 401 504 Association with Financial Statements 403 508 Reports on Audited Financial Statements 411 530 Dating of the Independent Auditor's Report 443 532 Restricting the Use of an Auditor's Report 449 534 Reporting on Financial Statements Prepared for Use in Other Countries 453 543 Part of Audit Performed by Other Independent Auditors 459 544 Lack of Conformity with Generally Accepted Accounting Principles 471 550 Other Information in Documents Containing Audited Financial Statements 473 551 Supplementary Information in Relation to the Financial Statements as a Whole 477 552 Reporting on Condensed Financial Statements and Selected Financial Data 483 558 Required Supplementary Information 491 560 Subsequent Events 499 561 Subsequent Discovery of Facts Existing at the Date of the Auditor's Report 509 623 Special Reports 515 625 Reports on the Application of Accounting Principles 543 634 Letters for Underwriters and Certain Other Requesting Parties 549 711 Filings under Federal Securities Statutes 595 722 Interim Financial Information 603 801 Compliance Audits 627 901 Public Warehouses: Controls and Auditing Procedures for Goods Held 635 2101 Attest Engagements 641 2201 Agreed-Upon Procedures Engagements 667 2301 Financial Forecasts and Projections 679 2401 Reporting on Pro Forma Financial Information 707 2501 An Examination of an Entity's Internal Control over Financial Reporting That Is Integrated with an Audit of Its Financial Statements 719 2601 Compliance Attestation 743 2701 Management's Discussion and Analysis (MD&A)