Consideration of fraud in a financial statement audit; Statement on auditing standards, 082

Authors

American Institute of Certified Public Accountants. Auditing Standards Executive Committee

Files

Description

AU Section 110 of Statement on Auditing Standards (SAS) No. 1, Codification of Auditing Standards and Procedures, as amended by this Statement [appendix A] (AICPA, Professional Standards, vol. 1, AU sec. 110, "Responsibilities and Functions of the Independent Auditor"), states that "The auditor has a responsibility to plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether caused by error or fraud." This Statement provides guidance to auditors in fulfilling that responsibility, as it relates to fraud, in an audit of financial statements conducted in accordance with generally accepted auditing standards.

Publication Date

1997

Relational Format

pamphlet

Keywords

Auditing -- Standards -- United States; Fraud; Financial statements -- United States

Disciplines

Accounting | Taxation

Comments

Copyright and permission to reprint held by: American Institute of Certified Public Accountants

Recommended Citation

American Institute of Certified Public Accountants. Auditing Standards Executive Committee, "Consideration of fraud in a financial statement audit; Statement on auditing standards, 082" (1997). Statements on Auditing Standards. 86.
https://egrove.olemiss.edu/aicpa_sas/86