On July 13, 2026, the Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) 150, External Confirmations, which amends various sections of the auditing professional literature, mainly the guidance in AU-C 505, External Confirmations. The key elements of SAS 150 are described below.
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SAS 150: New Requirements Related to External Confirmations
6 hours ago · 1 min read
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Download the CPEA Alert - July 2026 - SAS 150 - New Requirements Related to External Confirmations
File name: CPEA Alert - July 2026 - SAS 150 - New Requirements Related to External Confirmations.pdf
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