April 2023
Intermediate to advanced
1056 pages
34h 59m
English
See the preface to this volume for information on SAS 146. SAS 146 will replace SAS 122 as the basis of the guidance for AU-C 220. It is effective for engagements conducted under GAAS for periods beginning on or after December 15, 2025.
AU-C 220 addresses:
Quality control is the responsibility of the audit firm. (AU-C 220.01)
Source: AU-C 220.09. For definitions related to this standard, see Appendix A, “Definitions of Terms”: Engagement partner, Engagement quality control review, Engagement quality control reviewer, Engagement team, Firm, Monitoring, Network, Network firm, Partner, Personnel, Professional standards, Relevant ethical requirements, Staff, Suitably qualified external person.
AU-C Section 220.08 states that:
The objective of ...