April 2018
Beginner to intermediate
880 pages
28h 54m
English
| Sources | Statements on Auditing Standards (SASs) 122, 127, 128, and 130. |
SAS No. 127 clarifies that the group engagement team is required to determine component materiality for those components on which the group engagement team will assume responsibility for the work of a component auditor who performs an audit or a review.
The AICPA has issued Technical Questions and Answers on Audits of Group Financial Statements and Work of Others. The Q and As address these areas of practice issues: