Download Full Text (976 KB)
This Statement provides guidance on the considerations and procedures to be applied by an auditor who, subsequent to the date of his report on audited financial statements, concludes that one or more auditing procedures considered necessary at the time of the examination in the circumstances then existing were omitted from his examination of the financial statements, but there is no indication that those financial statements are not fairly presented in conformity with generally accepted accounting principles or with another comprehensive basis of accounting. This circumstance should be distinguished from that described in SAS No. 1, section 561, which applies if an auditor, subsequent to the date of his report on audited financial statements, becomes aware that facts regarding those financial statements may have existed at that date that might have affected his report had he then been aware of them.
sas46 with cover
Auditing -- Standards -- United States; Disclosure in accounting
Accounting | Taxation
American Institute of Certified Public Accountants. Auditing Standards Board, "Consideration of omitted procedures after the report date" (1983). Statements on Auditing Standards. 46.