AICPA Clarified SAS: Who does it apply to?

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  • August 17, 2013 at 12:39 am #179466
    nofunbecker
    Participant

    Hi All,

    I get that the clarified SAS apply after Dec 15 2012, but I’m confused now by something Becker had in one of their answer explanations. It stated that PCAOB has not adopted the clarified SAS so the old auditor’s reporting model is still being used for issuers. Does this mean that issuers will follow the old “unqualified” vs. the new “unmodified”…Any clarification would help since I’m taking audit tomorrow bright and early :/

    Thanks in advance!

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  • August 17, 2013 at 1:44 am #430652
    Anonymous
    Inactive

    nothing changed for PCAOB. therefore, it still follows the OLD “unqualified” report

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