Product Image

Special Considerations in Auditing Financial Instruments - AICPA Audit Guide

Publisher: AICPA
Availability: Varies by Format (See Below)
See Below To Add To Cart
View Online Catalog
Print This Page
Available Formats:  eBook | Paperback | Online Subscription | See All

This new AICPA Audit Guide was developed by leading auditing and financial instrument experts in public practice and replaces the previous Audit Guide Auditing Derivative Instruments, Hedging Activities, and Investments in Securities to encompass a broader scope. It provides CPAs with crucial background information and a discussion of audit considerations relating to financial instruments.

Entities of all sizes may be subject to risks of material misstatement when using financial instruments. This Audit Guide provides practical assistance to auditors for developing their training programs and internal guidance that is useful in gaining a more in-depth understanding of financial instruments. Detailed implementation guidance is provided for assessing and responding to the risk of material misstatement related to financial instruments as well as guidance on reporting considerations. The implementation guidance in this Audit Guide is supplemented with a series of case studies to help you understand and apply the concepts.

This Audit Guide is based on the requirements of the new standards resulting from the Clarity Project. Fully incorporating the clarified auditing standards enables auditors to begin updating their audit methodologies, resources, and tools. Additionally, this approach gives auditors the opportunity to review and understand the changes made by their third-party audit methodology and resource providers, if applicable. The clarified auditing standards are effective for audits of financial statements for periods ending on or after December 15, 2012 (calendar year 2012 audits).

If purchasing this title as an eBook, please note that it is intended for a single user. An eBook is a downloadable file that will be accessible immediately after completing your purchase. Access to the download link expires 21 days from the purchase date. Download the file before this time elapses. Before downloading your eBook, you must:

  • Download and activate Adobe Digital Editions® - a free program for accessing eBooks
  • Return to and go to My Account > My Downloads
  • Click the eBook title to download and open automatically in Adobe Digital Editions

Note: To access your eBook on a smartphone, tablet or other reading device, see our FAQ. This product is refundable within 10 days of your purchase date. For more information about this product or service concerns, please contact the CPA2Biz/AICPA Service Center at or call 888-777-7077.

Special Considerations in Auditing Financial Instruments - AICPA Audit Guide
eBook 2012
Product# AAGAFI12E
Availability: eBook Download
AICPA Member:$60.00
Your Price:$75.00
To receive your AICPA member discount, Sign In now, or Register using your AICPA membership number.