The AICPA Auditing Standards Board achieved a major milestone in its Clarity Project of the auditing standards with the issuance of SAS No. 122, Statements on Auditing Standards: Clarification and Recodification, which contains 39 clarified SASs.
SAS No. 122 recodifies and supersedes all outstanding SASs through No. 121 except:
SAS No. 51, Reporting on Financial Statements Prepared for Use in Other Countries (AU section 534 and AU-C section 910 in AICPA Professional Standards).
SAS No. 59, The Auditor’s