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This Statement provides guidance on the procedures an independent auditor should consider for identifying litigation, claims, and assessments and for satisfying himself as to the financial accounting and reporting for such matters when he is performing an examination in accordance with generally accepted auditing standards.
Auditing -- Standards -- United States; Accounting -- Law and legislation; Auditing -- Law and legislation
Accounting | Taxation
American Institute of Certified Public Accountants. Auditing Standards Executive Committee, "Inquiry of a client's lawyer concerning litigation, claims, and assessments; Statement on auditing standards, 012" (1976). Statements on Auditing Standards. 9.