AICPA Statement on Auditing Standards No. 144

SAS No. 144, Amendments to AU-C Sections 501, 540, and 620 Related to the Use of Specialists and the Use of Pricing Information Obtained From External Information Sources, addresses certain comments that were received on the exposure draft that resulted in the issuance of SAS No. 143, Auditing Accounting Estimates and Related Disclosures. Among other things, the SAS provides guidance in AU-C section 501, Audit Evidence — Specific Considerations for Selected Items, on applying SAS No. 143