Eight standards rolled out in 2006 by the Auditing Standards Board are sparking a cultural shift for auditors. The standards—Statement on Auditing Standards nos. 104–111—are designed to enhance ...
Issued in 2006, AICPA Statements on Auditing Standards Nos. 104—111 introduced a new approach to audit planning. This set of standards, collectively referred to as the “risk assessment standards” or ...