April 2022
Intermediate to advanced
1056 pages
34h 59m
English
Content preview from Wiley Practitioner's Guide to GAAS 2022
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
43AU-C 905 Alert That Restricts the Use of the Auditor's Written Communication
- Scope
- Definition of Term
- Objective of AU-C Section 905
- Requirements
- Reports Required to Be Restricted
- Limiting Report Distribution
- Required Restricted-Use Report Language
- Adding Other Specified Parties
- Inclusion of a Separate Restricted-Use Communication and a Separate General-Use Communication in the Same Document
- Combined Communication Covering Both Restricted-Use and General-Use Subject Matter or Presentations
- AU-C 905 Illustrations
SCOPE
AU-C 905 offers guidance on language restricting the use of the auditor's report that is included in the auditor's report or other written communication issued by the auditor in connection with an engagement conducted in accordance with GAAS. This language is referred to in this section as an alert and is included in an other-matter paragraph. (AU-C 905.01) Auditor's written communications may also include:
- Letters such as those communicating internal control related matters or
- Presentations addressing communications with those charged with governance
(AU-C 905.A1)
Illustration 1 at the end of this chapter identifies AU-C sections that contain specific requirements to include an alert or address the inclusion of such alerts. (AU-C 905.02)
DEFINITION OF TERM
Source: AU-C 905.04. For the definition related to this standard, see Appendix A, “Definitions of Terms”: Specified parties.
OBJECTIVE OF AU-C SECTION 905
AU-C Section 905.04 states that:
… the ...
Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Read now
Unlock full access
More than 5,000 organizations count on O’Reilly
O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.