April 2018
Beginner to intermediate
880 pages
28h 54m
English
| Source | Statement on Auditing Standards (SASs) 125 and 130. |
Source: AU-C 905
AU-C Section 905.04 states that:
…the objective of the auditor is to restrict the use of the auditor's written communication by including an alert when the potential exists for the auditor's written communication to be misunderstood if taken out of the context in which the auditor's written communication is intended to be used.
AU-C 905 applies to auditor's reports and other written communications issued in connection with a GAAS engagement and requires an alert that restricts the use of the auditor's written communication, in a separate paragraph, when the subject matter of that communication is based on:
(AU-C 905.06)