Wiley Practitioner's Guide to GAAS 2013

Preface xi About the Author xv Organization and Key Changes xvii AU 100-230 The Auditor's Responsibilities and Functions, Introduction to GAAS, and the General Standards (Including the Quality Control Standards) 1 AU 311 Planning and Supervision 17 AU 312 Audit Risk and Materiality in Conducting an Audit 33 AU 314 Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement 49 AU 315 Communications Between Predecessor and Successor Auditors 79 AU 316 Consideration of Fraud in a Financial Statement Audit 93 AU 317 Illegal Acts by Clients 123 AU 318 Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained 131 AU 322 The Auditor's Consideration of the Internal Audit Function in an Audit of Financial Statements 161 AU 324 Service Organizations 173 AU 325 Communicating Internal Control Related Matters Identified in an Audit 193 AU 326 Audit Evidence 205 AU 328 Auditing Fair Value Measurements and Disclosures 211 AU 329 Analytical Procedures 221 AU 330 The Confirmation Process 237 AU 331 Inventories 255 AU 332 Auditing Derivative Instruments, Hedging Activities, and Investments in Securities 269 AU 333 Management Representations 287 AU 334 Related Parties 311 AU 336 Using the Work of a Specialist 325 AU 337 Inquiry of Client's Lawyer Concerning Litigation, Claims, and Assessments 337 AU 339 Audit Documentation 355 AU 341 The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern 369 AU 342 Auditing Accounting Estimates 385 AU 350 Audit Sampling 393 AU 380 The Auditor's Communication with Those Charged with Governance 419 AU 390 Consideration of Omitted Procedures after the Report Date 429 AU 410 Adherence to GAAP 437 AU 420 Consistency of Application of Generally Accepted Accounting Principles 443 AU 431 Adequacy of Disclosure in Financial Statements 451 AU 504 Association with Financial Statements 455 AU 508 Reports on Audited Financial Statements 463 AU 530 Dating of the Independent Auditor's Report 525 AU 532 Restricting the Use of an Auditor's Report 531 AU 534 Reporting on Financial Statements Prepared for Use in Other Countries 539 AU 543 Part of Audit Performed by Other Independent Auditors 549 AU 544 Lack of Conformity with Generally Accepted Accounting Principles 575 AU 550 Other Information in Documents Containing Audited Financial Statements 579 AU 551 Supplementary Information in Relation to the Financial Statements as a Whole 583 AU 552 Reporting on Condensed Financial Statements and Selected Financial Data 593 AU 558 Required Supplementary Information 607 AU 560 Subsequent Events 619 AU 561 Subsequent Discovery of Facts Existing at the Date of the Auditor's Report 631 AU 623 Special Reports 637 AU 625 Reports on the Application of Accounting Principles 671 AU 634 Letters for Underwriters and Certain Other Requesting Parties 679 AU 711 Filings Under Federal Securities Statutes 749 AU 722 Interim Financial Information 759 AU 801 Compliance Audits 795 AU 901 Public Warehouses: Controls and Auditing Procedures for Goods Held 807 AT 101 Attest Engagements 815 AT 201 Agreed-Upon Procedures Engagements 841 AT 301 Financial Forecasts and Projections 853 AT 401 Reporting on Pro Forma Financial Information 881 AT 501 An Examination of an Entity's Internal Control Over Financial Reporting That Is Integrated with an Audit of Its Financial Statements 893 AT 601 Compliance Attestation 917 AT 701 Management's Discussion and Analysis (MD&A)--A Summary 931 AT 801 Reporting on Controls at a Service Organization 939 AR 60-90 Compilation and Review of Financial Statements 961 AR 110 Compilation of Specified Elements, Accounts, or Items of a Financial Statement 1017 AR 120 Compilation of Pro Forma Financial Information 1023 AR 200 Reporting on Comparative Financial Statements 1029 AR 300 Compilation Reports on Financial Statements Included in Certain Prescribed Forms 1043 AR 400 Communications between Predecessor and Successor Accountants 1047 AR 600 Reporting on Personal Financial Statements Included in Written Personal Financial Plans 1051 PCAOB 1 References in Auditor's Reports to the Standards of the Public Company Accounting Oversight Board 1055 PCAOB 3 Audit Documentation 1059 PCAOB 4 Reporting on Whether a Previously Reported Material Weakness Continues to Exist 1065 PCAOB 5 An Audit of Internal Control Over Financial Reporting That Is Integrated with an Audit of Financial Statements 1079 PCAOB 6 Evaluating Consistency of Financial Statements 1099 PCAOB 7 Engagement Quality Review 1103 PCAOB 8 Audit Risk 1107 PCAOB 9 Audit Planning 1109 PCAOB 10 Supervision of the Audit Engagement 1113 PCAOB 11 Consideration of Materiality in Planning and Performing an Audit 1115 PCAOB 12 Identifying and Assessing Risks of Material Misstatement 1119 PCAOB 13 The Auditor's Responses to the Risks of Material Misstatement 1133 PCAOB 14 Evaluating Audit Results 1141 PCAOB 15 Audit Evidence 1147 Appendix A: ASB Clarity Project: Extant AU Sections Mapped to the Clarified AU-C Sections 1151 Appendix B: Cross-References to SASs, SSAEs, and SSARSs 1159 Appendix C: List of AICPA Audit and Accounting Guides 1165 Appendix D: Other Auditing Publications in the GAAS Hierarchy 1167 Index 1169