Codified in AU-C section 703 of AICPA Professional Standards, Statement on Auditing Standards (SAS) No. 136 addresses the auditor’s responsibility to form an opinion and report on the audit of financial statements of employee benefit plans subject to the Employee Retirement Income Security Act of 1974 (ERISA).
Employee Benefit Plans Industry FAQ with Illustrative Auditor’s Reports for Initial Year of Implementation of SAS No. 136, as Amended — Nonauthoritative guidance on applying SAS No. 136, Forming an Opinion and