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Statement on Auditing Standards Issued by the Auditing Standards Executive Committee AICPA December 1975 Other Information in Documents Containing Audited Financial Statements 1. An entity may publish various documents that contain information ( hereinafter, " other information") in addition to audited financial statements and the independent auditor's report thereon. This Statement provides guidance for the auditor's consideration of other information included in such documents. 2. This Statement is applicable only to other information contained in ( a) annual reports to holders of securities or beneficial interests, annual reports of organizations for charitable or philanthropic purposes distributed to the public, and annual reports filed with regulatory authorities under the Securities Exchange Act of 1934 or ( b ) other documents to which the auditor, at the client's request, devotes attention. 3. This Statement is not applicable when the financial statements and report appear in a registration statement filed under the Securities Act of 1933. The auditor's procedures with respect to 1933 Act filings are unaltered by this Statement ( see SAS No. 1, sections 630 and 7 1 0 ) . Also, this Statement is not applicable to other information on which the auditor is engaged to express an opinion. 1 The guidance applicable to examining and reporting on certain information other than financial statements intended to be presented in con- 1 Mere reading of other information is an inadequate basis for expressing an opinion on that information. Copyright © 1976 by the American Institute of Certified Public Accountants, Inc. 1211 Avenue of the Americas, New York, N. Y. 10036 American Institute of Certified Public Accountants 8