The AICPA <em>Audit and Accounting Manual</em>, updated as of June 1, 2012, including the Clarity Project, summarizes applicable requirements and practices, and delivers "how-to" advice to help auditors apply plan and conduct an audit. The manual also includes all of the AICPA’s <em>Audit Risk Alerts</em>, plus illustrative auditor’s reports, engagement letters, management representation letters, confirmations, inquiries of legal counsel, and illustrative quality control forms.