Effect of information technology on the auditor's consideration of internal control in a financial statement audit; Statement on auditing standards, 094

Authors

American Institute of Certified Public Accountants. Auditing Standards Executive Committee

Files

Description

This Statement provides guidance on the independent auditors consideration of an entity's internal control in an audit of financial statements in accordance with generally accepted auditing standards. It defines internal control, describes the objectives and components of internal control, and explains how an auditor should consider internal control in planning and performing an audit. In particular, this Statement provides guidance about implementing the second standard of field work: "A sufficient understanding of internal control is to be obtained to plan the audit and to determine the nature, timing, and extent of tests to be performed."

Publication Date

2001

Relational Format

pamphlet

Publisher

American Institute of Certified Public Accountants

Keywords

Auditing -- Standards -- United States; Audited financial statements -- Standards -- United States; Corporations -- United States -- Finance -- Automation; Information technology

Disciplines

Accounting | Taxation

Recommended Citation

American Institute of Certified Public Accountants. Auditing Standards Executive Committee, "Effect of information technology on the auditor's consideration of internal control in a financial statement audit; Statement on auditing standards, 094" (2001). Statements on Auditing Standards. 99.
https://egrove.olemiss.edu/aicpa_sas/99