Proposed statement on auditing standards : related party transactions ;Related party transactions; Exposure draft (American Institute of Certified Public Accountants), 1982, Oct. 22

Authors

American Institute of Certified Public Accountants. Auditing Standards Executive Committee

Files

Description

This proposed Statement consists solely of editorial amendments to SAS NO. 6, Related Partly Transactions. The purpose of the amendments is to remove accounting guidance and disclosure standards that are now contained in FASB Statement of Financial Accounting Standards No. 57, Related Party Disclosures. The proposed SAS does not change the audit procedures that should be applied to identify related parties and to understand transactions with those parties, and thus it should not affect practice.

Publication Date

1982

Relational Format

Book

Keywords

Related party transactions -- United States -- Accounting; Disclosure in accounting

Disciplines

Accounting | Taxation

Comments

Originally published by: American Institute of Certified Public Accountants; 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, "Proposed statement on auditing standards : related party transactions ;Related party transactions; Exposure draft (American Institute of Certified Public Accountants), 1982, Oct. 22" (1982). Exposure Drafts, Comment Letters, and Statements of Position. 453.
https://egrove.olemiss.edu/aicpa_sop/453