The AICPA Audit and Accounting Manual, 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 Audit Risk Alerts, plus illustrative auditor's reports, engagement letters, management representation letters, confirmations, inquiries of legal counsel, and illustrative quality control forms.