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Statements on Auditing Standards
Auditing -- Standards -- United States; Auditors' reports -- Standards -- United States; Financial statements -- Standards -- United States
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Special Reports: Applying Agreed-Upon Procedures To Specified Elements, Accounts, Or Items Of A Financial Statement; Statement On Auditing Standards, 035, American Institute Of Certified Public Accountants. Auditing Standards Board
Special Reports: Applying Agreed-Upon Procedures To Specified Elements, Accounts, Or Items Of A Financial Statement; Statement On Auditing Standards, 035, American Institute Of Certified Public Accountants. Auditing Standards Board
Statements on Auditing Standards
An accountant may accept an engagement in which the scope is limited to applying to one or more specified elements, accounts, or items of a financial statement agreed-upon procedures that are not sufficient to enable him to express an opinion on the specified elements, accounts, or items, provided (a) the parties involved have a clear understanding of the procedures to be performed and (b) distribution of the report is to be restricted to named parties involved.