Wiley Practitioner's Guide to GAAS 2013: Covering all SASs, SSAEs, SSARSs, and Interpretations

AU 336: Using the Work of a Specialist

AU-C 620: Using the Work of an Auditor’s Specialist

AU EFFECTIVE DATE AND APPLICABILITY

Original Pronouncement	Statement on Auditing Standards (SAS) 73.
Effective Date	This statement is now effective.
Applicability	Audits of financial statements in accordance with generally accepted auditing standards (GAAS).
Applies to all audit engagements and to engagements performed under Section 623, Special Reports.
Guidance in this section is applicable when 1. Management engages or employs a specialist and the auditor uses that specialist’s work as evidential matter in performing substantive tests to evaluate material financial statement assertions. 2. Management engages a specialist employed by the auditor’s firm to provide advisory services, and the auditor uses that specialist’s work as evidential matter in performing substantive tests to evaluate material financial statement assertions. 3. The auditor engages a specialist, and uses that specialist’s work as evidential matter in performing substantive tests to evaluate material financial statement assertions.
NOTE: If a specialist employed by the auditor’s firm participates in the audit, the specialist should be properly supervised in the same manner as others on the audit team. In this situation Section 311, Planning and Supervision, applies.

AU-C EFFECTIVE DATE AND SUMMARY OF CHANGES

SAS No. 122, Codification of Auditing Standards and Procedures, is effective for audits ...