Statements on Auditing Standards (United States)

In the United States, Statements on Auditing Standards provide guidance to external auditors on generally accepted auditing standards (abbreviated as GAAS) in regards to auditing a non-public companyAICPA Operating Policies, pg. 1 and issuing a report. They are promulgated by the Auditing Standards Board of the American Institute of Certified Public Accountants (AICPA), which holds all copyright on the Standards. They are commonly abbreviated as "SAS" followed by their respective number and title.

With the permission of the AICPA, the full text of Standards 1–101 has been posted on the website of the Digital Accounting Collection at the J.D. Williams Library of the University of Mississippi. Links to these full-text records appear in the List of Statements of Auditing Standards below.

List of Statements of Auditing Standards Pre-clarified Statements on Auditing Standards No. Official title Issued on 1 Codification of Auditing Standards and Procedures full-textNovember 19722Reports on Audited Financial Statements full-textOctober 19743The Effects of EDP on the Auditor's Study and Evaluation of Internal Control full-textDecember 19744Quality Control Considerations for a Firm of Independent Auditors full-textDecember 19745The Meaning of "Present Fairly in Conformity With Generally Accepted Accounting Principles" in the Independent Auditor's Report full-textJuly 19756Related Party Transactions full-textJuly 19757Communications Between the Predecessor and Successor Auditors full-textOctober 19758Other Information in Documents Containing Audited Financial Statements full-textDecember 19759The Effect of an Internal Audit Function on the Scope of the Independent Auditor's Examination full-textDecember 197510Limited Review of Interim Financial Information full-textDecember 197511Using the Work of a Specialist full-textDecember 197512Inquiry of a Client's Lawyer Concerning Litigation, Claims, and Assessments full-textJanuary 197613Reports on a Limited Review of Interim Financial Information full-textMay 197614Special Reports full-textDecember 197615Reports on Comparative Financial Statements full-textDecember 197616The Independent Auditor's Responsibility full-textJanuary 197717Illegal Acts by Clients full-textJanuary 197718Unaudited Replacement Cost-Information full-textMay 197719Client Representations full-textJune 197720Required Communication of Material Weaknesses in Internal Accounting Control full-textAugust 197721Segment Information full-textDecember 197722Planning and Supervision full-textMarch 197823Analytical Review Procedures full-textOctober 197824Review of Interim Financial Information full-textMarch 197925The Relationship of Generally Accepted Auditing Standards to Quality Control Standards full-textNovember 197926Association with Financial Statements full-textNovember 197927Supplementary Information Required by the Financial Accounting Standards Board full-textDecember 197928Supplementary Information on the Effects of Changing Prices full-textJune 198029Reporting on Information Accompanying the Basic Financial Statements in Auditor-Submitted Documents full-textJuly 198030Reporting on Internal Accounting Control full-textJuly 198031Evidential Matter full-textAugust 198032Adequacy of Disclosure of Financial Statements full-textOctober 198033Supplementary Oil and Gas Reserve Information full-textOctober 198034The Auditor's Considerations When a Question Arises About and Entity's Continued Existence full-textMarch 198135Special Reports-Applying Agreed-Upon Procedures to Specified Elements, Accounts, or Items of a Financial Statement full-textApril 198136Review of Interim Financial Information full-textApril 198137Filings Under Federal Securities Statutes full-textApril 198138Letters for Underwriters full-textApril 198139Audit Sampling full-textJune 198140Supplementary Mineral Reserve Information full-textFebruary 198241Working Papers full-textApril 198242Reporting on Condensed Financial Statements and Selected Financial Data full-textSeptember 198243Omnibus Statement on Auditing Standards full-textAugust 198244Special-Purpose Reports on Internal Accounting Control at Service Organizations full-textDecember 198245Omnibus Statement on Auditing Standards-1983 full-textAugust 198346Consideration of Omitted Procedures After the Report Date full-textSeptember 198347Audit Risk and Materiality in Conducting an Audit full-textDecember 198348The Effects of Computer Processing on the Audit of Financial Statements full-textJuly 198449Letters for Underwriters full-textSeptember 198450Reports on the Application of Accounting Principles full-textJuly 198651Reporting on Financial Statements Prepared for Use in Other Countries full-textJuly 198652Omnibus Statement on Auditing Standards-1987 full-textApril 198853The Auditor's Responsibility to Detect and Report Errors and Irregularities full-textApril 198854Illegal Acts by Clients full-textApril 198855Consideration of Internal Control in a Financial Statement Audit full-textApril 198856Analytical Procedures full-textApril 198857Auditing Accounting Estimates full-textApril 198858Reports on Audited Financial Statements full-textApril 198859The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern full-textApril 198860Communication of Internal Control Related Matters Noted in an Audit full-textApril 198861Communication With Audit Committees full-textApril 198862Special Reports full-textApril 198963Compliance Auditing Applicable to Governmental Entities and Other Recipients of Governmental Financial Assistance full-textApril 198964Omnibus Statement on Auditing Standards-1990 full-textDecember 199065The Auditor's Consideration of the Internal Audit Function in an Audit of Financial Statements full-textApril 199166Communication of Matters About Interim Financial Information Filed or to Be Filed with Special Regulatory Agencies-An Amendment to SAS No. 36: Review of Interim Financial Information full-textJune 199167The Confirmation Process full-textNovember 199168Compliance Auditing Considerations in Audits of Governmental Financial Assistance full-textDecember 199169The Meaning of "Present Fairly in Conformity With Generally Accepted Accounting Principles" full-textJanuary 199270Service Organizations full-textApril 199271Interim Financial Information full-textMay 199272Letters for Underwriters and Certain Other Requesting Parties full-textFebruary 199373Using the Work of a Specialist full-textJuly 199474Compliance Auditing Considerations in Audits of Governmental Financial Assistance full-textFebruary 199575Engagements to Apply Agreed-Upon Procedures to Specified Elements, Accounts, or Items of a Financial Statement full-textSeptember 199576Amendments to Statements on Auditing Standards No. 72: Letters for Underwriters and Certain Other Requesting Parties full-textSeptember 199577Amendments to Statements on Auditing Standards No. 22: Planning and Supervision, No. 59: The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern, and No. 62: Special Reports full-textNovember 199578Consideration of Internal Control in a Financial Statement Audit: An Amendment to Statement on Auditing Standards No. 55 full-textDecember 199579Amendment to Statement on Auditing Standards No. 58: Reports on Audited Financial Statements full-textDecember 199580Amendment to Statement on Auditing Standards No. 31: Evidential Matter full-textDecember 199681Auditing Investments full-textDecember 199682Consideration of Fraud in a Financial Statement Audit full-textFebruary 199783Establishing an Understanding With the Client full-textOctober 199784Communications Between the Predecessor and Successor Auditors full-textOctober 199785Management Representations full-textNovember 199786Amendments to Statements on Auditing Standards No. 72: Letters for Underwriters and Certain Other Requesting Parties full-textMarch 199887Restricting the Use of the Auditor's Report full-textSeptember 199888Service Organizations and Reporting on Consistency full-textDecember 199989Audit Adjustments full-textDecember 199990Audit Committee Communications full-textDecember 199991Federal GAAP Hierarchy full-textApril 200092Auditing Derivative Instruments, Hedging Activities, and Investments in Securities full-textSeptember 200093Omnibus Statement on Auditing Standards-2000 full-textOctober 200094The Effect of Information Technology on the Auditor's Consideration of Internal Control in a Financial Statement Audit full-textMay 200195Generally Accepted Auditing Standards full-textDecember 200196Audit Documentation full-textJanuary 2002 97Amendment to Statement on Auditing Standards No. 50: Reports on the Application of Accounting Principles full-textJune 200298Omnibus Statement on Auditing Standards-2002 full-textSeptember 200299Consideration of Fraud in a Financial Statement Audit full-textOctober 2002100Interim Financial Information full-textNovember 2002101Auditing Fair Value Measurements and Disclosures full-textJanuary 2003102Defining Professional Requirements in Statements on Auditing Standards full-text December 2005103Audit Documentation full-text December 2005104Amendment to Statement on Auditing Standards No. 1: Codification of Auditing Standards and Procedures (Due Professional Care in the Performance of Work) full-textFebruary 2006105Amendment to Statement on Auditing Standards No. 95: Generally Accepted Auditing Standards full-textFebruary 2006106Audit Evidence full-textFebruary 2006107Audit Risk and Materiality in Conducting an Audit full-textFebruary 2006108Planning and Supervision full-textFebruary 2006109Understanding the Entity and its Environment and Assessing the Risks of Material Misstatements full-textFebruary 2006110Performing Audit Procedures in Response to Assessed Risks and Evaluating the Audit Evidence Obtained full-textFebruary 2006111Amendment to Statement on Auditing Standards No. 39: Audit Sampling full-textFebruary 2006112Communicating Internal Control Related Matters Identified in an Audit full-textMay 2006113Omnibus 2006 full-textNovember 2006114The Auditor's Communication With Those Charged With Governance full-text December 2006115Communicating Internal Control Related Matters Identified in an Audit full-text October 2008116Interim Financial Information full-text February 2009117Compliance Audits full-text December 2009118Other Information in Documents Containing Audited Financial Statements February 2010119Supplementary Information in Relation to the Financial Statements as a Whole February 2010120Required Supplementary Information February 2010121Revised applicability of statement on auditing standards no. 100, Interim financial information February 2011

Clarified Statements on Auditing Standards SAS No. 122, Clarification and Recodification, contains the Preface to Codification of Statements on Auditing Standards, Principles Underlying an Audit Conducted in Accordance With Generally Accepted Auditing Standards, and 39 clarified SASs. This statement recodifies and supersedes all outstanding SASs through No. 121 except SAS No. 51, Reporting on Financial Statements Prepared for Use in Other Countries; SAS No. 59, The Auditor's Consideration of an Entity's Ability to Continue as a Going Concern, as amended; SAS No. 65, The Auditor's Consideration of the Internal Audit Function in an Audit of Financial Statements; SAS No. 87, Restricting the Use of an Auditor's Report; and the following clarified SASs that were issued to address practice issues timely and are already effective: SAS No. 117, Compliance Audits (issued December 2009); SAS No. 118, Other Information in Documents Containing Audited Financial Statements (issued February 2010); SAS No. 119, Supplementary Information in Relation to the Financial Statements as a Whole (issued February 2010); and SAS No. 120, Required Supplementary Information (issued February 2010).