Codification of Statements on Auditing Standards 2013

The clarified auditing standards are now in effect (as of December 15, 2012) and you don’t want to be without the most up-to-date guidance for conducting your audits.

The Clarity Project is more than a simple reshuffling and redrafting of auditing standards; it is an important move toward convergence and globalization. As a result of the project, the auditing standards are easier to read, understand, and apply. Also, requirements and objectives are specified more clearly, making it easier for you to conduct your audits.

This edition of the Codification of Statements on Auditing Standards contains everything you need for compliance, including:

• New SAS No. 127: Omnibus Statement on Auditing Standards—2013.New SAS No. 126: The Auditor’s Consideration of An Entity’s Ability to Continue as a Going Concern (Redrafted).
• Clarity standards (SAS Nos. 122—125), updated through the most recent releases.
• The pre-clarity standards, available for any outstanding prior year audits.

In addition, this set includes editorial and conforming changes to reflect the effective date of the clarity standards and Statement on Quality Control Standard No. 8, and changes due to Standard for Accounting and Review Services No. 19.

Codification of Statements on Auditing Standards is fully indexed and organized by subject matter. All amendments have been incorporated so you will have the most up-to-date information available.

AICPA has the most trustworthy and up-to-date information available to help you apply the clarified auditing standards efficiently and accurately.