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This Statement provides guidance on the factors an independent auditor should consider when auditing the financial statements of an entity that uses a service organization to process certain transactions. This Statement also provides guidance for independent auditors who issue reports on the processing of transactions by a service organization for use by other auditors.
Auditing -- Standards -- United States; Service industries -- United States -- Auditing
Accounting | Taxation
American Institute of Certified Public Accountants. Auditing Standards Board, "Reports on the processing of transactions by service organizations; Statement on auditing standards, 070" (1992). Statements on Auditing Standards. 73.