Auditing -- Standards -- United States;Fraud;Financial statements -- United States;
Statement on Auditing Standards (SAS) No. 1, Codification of Auditing Standards and Procedures (AICPA, Professional Standards, vol. 1, AU sec. 110.02, "Responsibilities and Functions of the Independent Auditor"), states, "The auditor has a...
Auditing -- Standards -- United States;Mineral industries -- United States -- Accounting
FASB Statement No. 39, Financial Reporting and Changing Prices: Specialized Assets — Mining and Oil and Gas, requires entities of certain size that have mineral reserves other than oil and gas1 to disclose certain quantity and price information.2...
Auditing -- Standards -- United States;Petroleum industry and trade -- United States -- Accounting;Gas industry -- United States -- Accounting
In applying the procedures specified in SAS No. 27, the auditor's inquiries should be directed to management's understanding of the specific requirements for disclosure of the supplementary oil and gas reserve information.