SAS No. 114 issued on communications regarding Governance.Statement on Auditing Standards No. 114, The Auditor's Communication With Those Charged With Governance (No. 060709CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. 02), has been issued by the Auditing Standards Board In the United States, the Auditing Standards Board (ASB) is the senior technical committee designated by the American Institute of Certified Public Accountants (AICPA) to issue auditing, attestation, and quality control statements, standards and guidance to certified public . This SAS (1) (SAS Institute Inc., Cary, NC, www.sas.com) A software company that specializes in data warehousing and decision support software based on the SAS System. Founded in 1976, SAS is one of the world's largest privately held software companies. See SAS System. replaces SAS No. 61, Communication With Audit Committees, as amended a·mend v. a·mend·ed, a·mend·ing, a·mends v.tr. 1. To change for the better; improve: amended the earlier proposal so as to make it more comprehensive. 2. . The new SAS establishes standards and provides guidance to an auditor on matters to be communicated with those charged with governance. SAS No. 114 applies to audits of all non-issuer financial statements. The SAS is effective for periods beginning on or after Dec. 15, 2006. For a summary, go to www.aicpa.org/download/members/ div/auditstd/riasai/Recently_Issued_Standards_SAS No 114.pdf. To order the statement, see purchase information on page 9 (prices: $19 member/$23.75 non-member). |
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