Now in its 2nd edition, PPC’s Guide to the Clarified Auditing Standards provides a road map to the clarified standards, dissects each standard, and details and discusses each requirement included in every standard in language you can readily understand.
The Guide reconciles every section of the clarified standards to its pre-existing counterpart and provides practical guidance for interpreting and implementing the clarified requirements. It also explains where new terminology changes practice and where it merely applies a new name to concepts already in the standards. The example reports and other communications provided in the Guide highlight the differences between the new requirements and the communications you previously issued.
Use this Guide as a training tool, quick answer tool, or library reference tool to make sure you apply the Clarified Auditing Standards appropriately.