Taking a closer look at risk assessment under SAS 145
At the core of every audit is the identification and assessment of risks of material misstatement, which is critical given the potential impact on a company’s financial position. The significance is...
View ArticleGuidance on SAS 145: Enhancing audit quality through improved documentation...
In the first blog in this series, we looked at the identification and assessment of risks of material misstatement. In this second post, we’ll dig into ensuring audit quality. Specifically, we’ll look...
View ArticleSAS 145 guidance: Balancing audit scope and complexity in auditing
The AICPA’s Auditing Standards Board has issued SAS 145 to provide additional guidance on a number of audit-related topics. The first blog in this series focused on the new guidance around risk...
View ArticleSAS 145 guidance: Identifying and evaluating general IT controls
As we complete our examination of the impacts of SAS 145 for tax and accounting professionals, we’ll build on our previous posts on risk assessment, documentation and analysis, and balancing scope and...
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SAS 145 is here. Are you prepared?
Jump to: What does SAS 145 address? 9 steps to apply SAS 145 Managing SAS 145 compliance What does SAS 145 address? At a high level, SAS 145 addresses a company’s system of internal control and...
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