Table of Contents ix
Applicability of Public Company Accounting Oversight Board Standards 1
AUDITING—REORGANIZED
AS AS Cross-References to PCAOB Reorganized Auditing Standards 13
GENERAL AUDITING STANDARDS
AS 1000 General Principles and Responsibilities 25
AS 1001—Responsibilities and Functions of the Independent Auditor
AS 1005—Independence
AS 1010—Training and Proficiency of the Independent Auditor
AS 1015—Due Professional Care in the Performance of Work
AS 1100 General Concepts 37
AS 1101—Audit Risk
AS 1105—Audit Evidence
AS 1110—Relationship of Auditing Standards to Quality Control Standards
AS 1200 General Activities 51
AS 1201—Supervision of the Audit Engagement
AS 1205—Part of the Audit Performed by Other Independent Auditors
AS 1210—Using the Work of a Specialist
AS 1215—Audit Documentation
AS 1220—Engagement Quality Review
AS 1300 Auditor Communications . 87
AS 1301—Communications with Audit Committees
AS 1305—Communications About Control Deficiencies in an Audit of Financial Statements
AUDIT PROCEDURES
AS 2100 Audit Planning and Risk Assessment 111
AS 2101—Audit Planning
AS 2105—Consideration of Materiality in Planning and Performing an Audit
AS 2110—Identifying and Assessing Risks of Material Misstatement
AS 2200 Auditing Internal Control Over Financial Reporting 147
AS 2201—An Audit of Internal Control Over Financial Reporting That Is Integrated with An Audit of Financial Statements
AS 2300 Audit Procedures in Response to Risks—Nature, Timing, and Extent 187
AS 2301—The Auditor’s Responses to the Risks of Material Misstatement,
AS 2305—Substantive Analytical Procedures
AS 2310—The Confirmation Process
AS 2315—Audit Sampling
AS 2400 Audit Procedures for Specific Aspects of the Audit 231
AS 2401—Consideration of Fraud in a Financial Statement Audit
AS 2405—Illegal Acts by Clients
AS 2410—Related Parties
AS 2415—Consideration of an Entity’s Ability to Continue as a Going Concern
AS 2500 Audit Procedures for Certain Accounts or Disclosures . 283
AS 2501—Auditing Accounting Estimates
AS 2502—Auditing Fair Value Measurements and Disclosures
AS 2503—Auditing Derivative Instruments, Hedging Activities, and Investments in Securities
AS 2505—Inquiry of a Client’s Lawyer Concerning Litigation, Claims, and Assessments
AS 2510—Auditing Inventories
AS 2600 Special Topics 355
AS 2601—Consideration of an Entity’s Use of a Service Organization
AS 2605—Consideration of the Internal Audit Function
AS 2610—Initial Audits—Communications Between Predecessor and Successor Auditors
AS 2700 Auditor’s Responsibilities Regarding Supplemental and Other Information 395
AS 2701—Auditing Supplemental Information Accompanying Audited Financial Statements
AS 2705—Required Supplementary Information
AS 2710—Other Information in Documents Containing Audited Financial Statements
AS 2800 Concluding Audit Procedures 413
AS 2801—Subsequent Events
AS 2805—Management Representations
AS 2810—Evaluating Audit Results
AS 2815—The Meaning of "Present Fairly in Conformity with Generally Accepted Accounting Principles"
AS 2820—Evaluating Consistency of Financial Statements
AS 2900 Post-Audit Matters . 459
AS 2901—Consideration of Omitted Procedures After the Report Date
AS 2905—Subsequent Discovery of Facts Existing at the Date of the Auditor’s Report
AUDITOR REPORTING
AS 3100 Reporting on Audits of Financial Statements . 469
AS 3101—The Auditor’s Report on an Audit of Financial Statements When the Auditor Expresses an Unqualified Opinion
AS 3105—Departures from Unqualified Opinions and Other Reporting Standards
AS 3110—Dating of the Independent Auditor’s Report
AS 3200 Reserved . 511
AS 3300 Other Reporting Topics 513
AS 3305—Special Reports
AS 3310—Special Reports on Regulated Companies
AS 3315—Reporting on Condensed Financial Statements and Selected Financial Data
AS 3320—Association with Financial Statements
MATTERS RELATING TO FILINGS UNDER FEDERAL SECURITIES LAWS
AS 4000 Matters Relating to Filings Under Federal Securities Laws . 555
AS 4101—Responsibilities Regarding Filings Under Federal Securities Statutes
AS 4105—Reviews of Interim Financial Information
AS 5000 Reserved . 597
OTHER MATTERS ASSOCIATED WITH AUDITS
AS 6000 Other Matters Associated With Audits. 601
AS 6101—Letters for Underwriters and Certain Other Requesting Parties
AS 6000 Other Matters Associated With Audits—continued
AS 6105—Reports on the Application of Accounting Principles
AS 6110—Compliance Auditing Considerations in Audits of Recipients of Governmental Financial Assistance
AS 6115—Reporting on Whether a Previously Reported Material Weakness Continues to Exist
AUDITING INTERPRETATIONS
AI Auditing Interpretations 709
AI 10—Part of the Audit Performed by Other Independent Auditors: Auditing Interpretations of AS 1205
AI 11—Using the Work of a Specialist: Auditing Interpretations of AS 1210
AI 12—Communications About Control Deficiencies in an Audit of Financial Statements: Auditing Interpretations of AS 1305
AI 13—Illegal Acts by Clients: Auditing Interpretations of AS 2405
AI 15—Consideration of an Entity’s Ability to Continue as a Going Concern: Auditing Interpretations of AS 2415
AI 16—Auditing Accounting Estimates: Auditing Interpretations of AS 2501
AI 17—Inquiry of a Client’s Lawyer Concerning Litigation, Claims, and Assessments: Auditing Interpretations of AS 2505
AI 18—Consideration of an Entity’s Use of a Service Organization: Auditing Interpretations of AS 2601
AI 19—Required Supplementary Information: Auditing Interpretations of AS 2705
AI 20—Other Information in Documents Containing Audited Financial Statements: Auditing Interpretations of AS 2710
AI 21—Management Representations: Auditing Interpretations of AS 2805
AI 22—Subsequent Discovery of Facts Existing at the Date of the Auditor’s Report: Auditing Interpretations of AS 2905
AI 23—Reports on Audited Financial Statements: Auditing Interpretations of AS 3101
AI 24—Special Reports: Auditing Interpretations of AS 3305
AI Auditing Interpretations—continued
AI 25—Association with Financial Statements: Auditing Interpretations of AS 3320
AI 26—Responsibilities Regarding Filings Under Federal Securities Statutes: Auditing Interpretations of AS 4101
AI 27—Letters for Underwriters and Certain Other Requesting Parties: Auditing Interpretations of AS 6101
AI 28—Evidential Matter Relating to Income Tax Accruals: Auditing Interpretations AS AS (Reorganized) Topical Index . 815
ATTESTATION
ATTESTATION STANDARDS
Attestation Standard No. 1—Examination Engagements Regarding Compliance Reports of Brokers and Dealers 869
Attestation Standard No. 2—Review Engagements Regarding Exemption Reports of Brokers and Dealers 905
Topical Index 931
INTERIM ATTESTATION STANDARDS
AT Attestation Standards—Introduction 935
AT Statements on Standards for Attestation Engagements 937
101—Attest Engagements
9101—Attest Engagements: Attest Engagements Interpretations of Section 101
201—Agreed-Upon Procedures Engagements
301—Financial Forecasts and Projections
401—Reporting on Pro Forma Financial Information
501—Reporting on an Entity’s Internal Control Over Financial Reporting [See PCAOB Release No. 2004-008.]
9501—Reporting on an Entity’s Internal Control Over Financial Reporting: Attest Engagements Interpretations of Section
501 [See PCAOB Release No. 2004-008.]
601—Compliance Attestation
701—Management’s Discussion and Analysis AT Topical Index . 1139
ETHICS & INDEPENDENCE INTERIM INDEPENDENCE, INTEGRITY, AND OBJECTIVITY STANDARDS
ET 100 Interim Independence, Integrity, and Objectivity Standards 1153
101—Independence
102—Integrity and Objectivity
191—Ethics Rulings on Independence, Integrity, and Objectivity ET Topical Index . 1215
INTERIM INDEPENDENCE STANDARDS BOARD STANDARDS
ISB Independence Standards Board . 1223
ISB Standard No. 1—Independence Discussions with Audit Committees [See PCAOB Release No. 2008-003.]
ISB Standard No. 2—Certain Independence
Implications of Audits of Mutual Funds and Related Entities
ISB Standard No. 3—Employment with Audit Clients
ISB Interpretation 99–1: Impact on Auditor Independence of Assisting Clients in the Implementation of FAS 133 (Derivatives)
ISB Interpretation 00–1: The Applicability of ISB Standard No. 1 When "Secondary Auditors" Are Involved in the Audit of a Registrant [See PCAOB Release No. 2008-003.]
ISB Interpretation 00–2: The Applicability of ISB Standard No. 1 When "Secondary Auditors" Are Involved in the Audit of a Registrant: An Amendment of Interpretation 00–1 [See PCAOB Release No. 2008-003.]
ISB Topical Index . 1255
QUALITY CONTROL INTERIM QUALITY CONTROL STANDARDS
QC Quality Control 1259
20—System of Quality Control for a CPA Firm’s Accounting and Auditing Practice
30—Monitoring a CPA Firm’s Accounting and Auditing Practice
40—The Personnel Management Element of a Firm’s System of Quality Control—Competencies Required by a Practitioner-in-Charge of an Attest Engagement
INTERIM SECPS STANDARDS
SECPS SEC Practice Section (SECPS) 1279
SEC Practice Section (SECPS)—Requirements of Membership
SECPS Section 8000—Continuing Professional Education
Requirements Effective for Educational Years
Beginning After May 31, 2002
PCAOB STAFF GUIDANCE 1321
100—Select PCAOB Staff Questions and Answers
200—[Reserved]
300—Other Staff Guidance
400—Staff Audit Practice Alerts
PC Topical Index 1705
SELECT RULES OF THE BOARD
Section 1 General Provisions 1717
Section 3 Auditing and Related Professional Practice Standards 1729
RB Topical Index 1743
