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Generally Accepted Auditing Standards

Generally Accepted Auditing Standards1599AU Section 150 Generally Accepted Auditing Standards (Supersedes SAS No. 1, section 150.)Source: SAS No. 95; SAS No. 98; SAS No. 102; SAS No. 105; SAS No. for audits of financial statements for periods beginning on or afterDecember 15, 2001, unless otherwise independent auditor plans, conducts, and reports the results of anaudit in accordance with Generally Accepted Auditing Standards . Auditing stan-dards provide a measure of audit quality and the objectives to be achieved in anaudit. Auditing procedures differ from Auditing Standards .

.08 If an auditor applies the auditing guidance included in an other audit-ing publication, he or she should be satisfied that, in his or her judgment, it is both relevant to the circumstances of the audit, and appropriate. In determin-ing whether an other auditing publication is appropriate, the auditor may wish

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