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Proposed Statement On Auditing Standards : Restricting The Use Of An Auditor's Report : And Amendments Of Sas No. 60, Communication Of Internal Control Related Matters Noted In An Audit, And Sas No. 75, Engagements To Apply Agreed-Upon Procedures To Specified Elements, Accounts, Or Items Of A Financial Statement ;Restricting The Use Of An Auditor's Report : And Amendments Of Sas No. 60, Communication Of Internal Control Related Matters Noted In An Audit, And Sas No. 75, Engagements To Apply Agreed-Upon Procedures To Specified Elements, Accounts, Or Items Of A Financial Statement; Exposure Draft (American Institute Of Certified Public Accountants), 1998, Jan. 26, American Institute Of Certified Public Accountants. Auditing Standards Board
Proposed Statement On Auditing Standards : Restricting The Use Of An Auditor's Report : And Amendments Of Sas No. 60, Communication Of Internal Control Related Matters Noted In An Audit, And Sas No. 75, Engagements To Apply Agreed-Upon Procedures To Specified Elements, Accounts, Or Items Of A Financial Statement ;Restricting The Use Of An Auditor's Report : And Amendments Of Sas No. 60, Communication Of Internal Control Related Matters Noted In An Audit, And Sas No. 75, Engagements To Apply Agreed-Upon Procedures To Specified Elements, Accounts, Or Items Of A Financial Statement; Exposure Draft (American Institute Of Certified Public Accountants), 1998, Jan. 26, American Institute Of Certified Public Accountants. Auditing Standards Board
Exposure Drafts, Comment Letters, and Statements of Position
This proposed Statement provides guidance to auditors to enable them to determine whether an engagement requires a restricted-use report and, if so, what elements to include in that report. Existing auditing standards for engagements requiring restricted-use reports each contain guidance related to the applicable report. This Statement unifies that guidance. This proposed Statement: 1. Describes the circumstances in which the use of an auditor's report should be restricted. 2. Specifies the language to be used in a restricted-use report. 3. Presents the rationale for restricting the use of an auditor's report in each of the circumstances described. 4. Replaces the …