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AUC 935 SAMPLE COMBINED REPORTS ON COMPLIANCE AND INTERNAL CONTROLUniform Guidance November 2023 2THIS SHELL MUST BE USED FOR 123121 AND SUBSEQUENT Years Auditor Notes:1. Blue, italicized text indicates
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How to fill out statement on auditing standards

01
Understand the requirements set forth in the Statement on Auditing Standards (SAS)
02
Review the specific audit procedures outlined in the SAS
03
Document the evidence gathered during the audit process
04
Evaluate the financial statements in accordance with the SAS requirements
05
Respond to any identified deficiencies or exceptions

Who needs statement on auditing standards?

01
Auditors who are conducting financial statement audits
02
Organizations that are required to undergo external audits for regulatory compliance or investor confidence

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Statement on Auditing Standards (SAS) refers to guidelines established by the Auditing Standards Board (ASB) to enhance the quality and consistency of audit practices in the United States.
Organizations and public companies that undergo audits by certified public accountants (CPAs) are typically required to adhere to Statement on Auditing Standards.
Filling out a statement on auditing standards involves following specific templates and guidelines provided by the ASB, ensuring that all required disclosures and procedures are accurately documented.
The purpose of Statement on Auditing Standards is to enhance the reliability and relevance of financial reporting and to establish a uniform set of rules for auditors to follow.
The statement must include auditor findings, the scope of the audit, the financial statements examined, and any significant issues encountered during the audit process.
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