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AICPA Statement on Auditing Standards No. 150

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SAS No. 150, External Confirmations, amends

  • SAS No. 122, Statement on Auditing Standards: Clarification and Recodification, as amended,

    • section 330, Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained

    • section 505, External Confirmations

  • SAS No. 142, Audit Evidence, as amended

  • Various other SASs and other sections in SAS No. 122, as amended

The most significant change introduced by SAS No. 150 is a new requirement for the auditor to perform external confirmation

Download the full text of SAS No. 150

File name: sas-150.pdf

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