April 2018
Beginner to intermediate
880 pages
28h 54m
English
| Sources | Statements on Auditing Standards (SASs) 118, 122, and 123. |
SAS No. 118 was codified in AU 550 when issued, but was moved to AU-C 720 with the issuance of SAS No. 122. Some conforming changes were made in specific paragraphs and footnotes due to the issuance of SAS No. 122, but no substantive changes were made.
Source: AU-C 720.05
AU-C Section 720.04 states that:
…the objective of the auditor is to respond ...