Statement on auditing standards, 043

              Statement on
Auditing Standards
Issued by the Auditing Standards Board
AICPA American Institute of
Certified Public Accountants
Omnibus Statement on
Auditing Standards
Generally Accepted Auditing Standards
( Supersedes Statement on Auditing Standards No. 1, A1CPA, Professional
Standards, vol. 1, AU sec. 150.06.)
1. This amendment replaces paragraph 6 with a new paragraph 6
clearly stating that the ten generally accepted auditing standards apply
to all services covered by Statements on Auditing Standards to the ex­tent
that they are relevant. For example, independence, the second
general standard, applies to engagements covered by SAS No. 30, Re­porting
on Internal Accounting Control; however, the requirement to
state whether financial statements are presented in accordance with
GAAP, the first standard of reporting, does not apply because it is not
relevant.
Services Other Than Examinations of Financial Statements
.06 In addition to examinations of financial statements, the ten gener-ally
accepted auditing standards, to the extent that they are relevant in
the circumstances, apply to all other services governed by Statements on
Auditing Standards unless the Statement specifies otherwise.
Note: In this Statement, superseding paragraphs are introduced by a dual reference
indicating their location in both the individual SASs and A1CPA, Professional Stand­ards,
vol. 1 ( Commerce Clearing House).
Copyright © 1982 by the
American Institute of Certified Public Accountants, Inc.
1211 Avenue of the Americas, New York, N. Y. 10036- 8775
1234567890 AudS 898765432
August 1982
43