NOT2228. Getting it Right: Understanding the New Audit Reporting SAS and Common Reporting Issues

This session will address the recent audit report changes from SAS 134, including new concepts such as KAMs, and how to avoid common errors. We will also highlight challenges around when to modify the audit report or include emphasis or other matter paragraphs.

Learning Objectives:

• Analyze the new audit reporting requirements from SAS 134.
• Identify when to modify the auditor's report.
• Determine when to include an emphasis or other matter paragraph.