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Exposure Drafts, Comment Letters, and Statements of Position
Financial statements -- United States; Auditors' reports --Standards -- United States
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Proposed Statement On Auditing Standards : Special Reports;Special Reports; Exposure Draft (American Institute Of Certified Public Accountants), 1976, March 1, American Institute Of Certified Public Accountants. Auditing Standards Executive Committee
Proposed Statement On Auditing Standards : Special Reports;Special Reports; Exposure Draft (American Institute Of Certified Public Accountants), 1976, March 1, American Institute Of Certified Public Accountants. Auditing Standards Executive Committee
Exposure Drafts, Comment Letters, and Statements of Position
This exposure draft, if adopted, would change present practice by: 1. Requiring that the first standard of reporting, as well as all other generally accepted auditing standards, be met when an auditor examines and reports on financial statements prepared in accordance with a comprehensive basis of accounting other than generally accepted accounting principles. 2. Permitting an accountant to issue a report providing negative assurance relating to the results of agreed-upon procedures on one or more specified accounts or items, and compliance with contractual agreements or regulatory requirements.