The Guide also provides guidance and complete practice aids for audit, compilation, and review engagements; an overview of contractor tax issues; and helps you provide claim settlement and other consulting services to your contractor clients.

For 2012, the Guide has been updated for the Clarified Auditing Standards and identified changes (or in some limited cases, dual guidance) so you can easily perform your September 30 audits in compliance with existing standards and your December 31 audits in compliance with the clarified standards.