GAAS Guide (2009): A Comprehensive Restatement of Standards for Auditing, Attestation, Compilation, and Review (MILLER GAAS GUIDE)

The GAAS Guide describes the engagement standards, practices and procedures in use today--including Statements on Auditing Standards (SASs) and their Interpretations, Statements on Standards for Attestation Engagements (SSAEs) and their Interpretations, and Statements on Standards on Accounting and Review Services (SSARSs) and their Interpretations and their relationship to the PCAOB's standards. The book's sensible organization follows the arrangement of the AICPA's Professional Standards. Within each section, a simple organizational structure aids readers. Each section begins with "Authoritative Pronouncements," listing the auditing-related documents that are pertinent to the section. An Overview is provided, followed by a Promulgated Procedures Checklist that identifies the essential professional responsibilities that must be satisfied in each part of an engagement. Under Analysis and Application of Reporting Standards, presents a concise discussion of how each specific promulgated procedure should be applied. Finally, many of the sections have Practitioner's Aids to help apply the promulgated standards to specific engagements. Within each section, readers are alerted to key guidance to help plan engagements. This guidance is classified as a Risk Assessment Point, an Engagement Strategy, a Planning Aid Reminder, or an Observation. To alert CPAs to issues affecting auditor responsibility for fraud and fraud risks throughout the audit engagement, "Fraud Pointers" integrate issues related to a particular professional standard's requirement. To keep CPAs abreast of potential changes affecting AICPA professional standards, this edition contains new overviews of outstanding exposure drafts, which highlight key elements of possible changes to existing professional standards. The sample letters, reports, and checklists found in the text are included on a DC-ROM that accompanies the book and can be printed and customized to meet all of your auditing needs.The Guide also includes a cross-reference to the original pronouncements and a detailed topical index.The GAAS Guide meets accounting industry standards as overseen by the AICPA's peer review system (the book reproduces a letter by the book's peer reviewer).