Statement on Auditing Standards (SAS) 149, Special Considerations — Audits of Group Financial Statements (Including the Work of Component Auditors and Audits of Referred-to Auditors), (the new group audit standard) is effective for audits of group financial statements for periods ending on or after December 15, 2026. As such, audits of December 31, 2026 group financial statements will need to comply with SAS 149. SAS 149 is codified in AU-C 600, with the same title as SAS 149. It
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Implementing the New Group Audit Standard Series: Implementing the Risk-Based Approach
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Download the CPEA Report - October 2026 - Implementing the New Group Audit Standard Series - Implementing the Risk-Based Approach
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