The most comprehensive and up-to-date guide to critical auditing standards, practices, and procedures for 2023

The American Institute of Certified Public Accountants (AICPA) sets the Generally Accepted Auditing Standards--or GAAS--under which U. S. audits are conducted. Auditors must comply with and understand every aspect of GAAS to comply with AICPA standards. As a result, it is crucial for CPAs to be up to date on all applicable guidelines, rules, and regulations.

Wiley Practitioner's Guide to GAAS 2023 delivers a thorough description and analysis of not only auditing standards--SASs--but also SSAEs, SSARSs, and the Interpretations necessary to fully understand all the latest professional standards. The 2023 Guide offers the most recent revisions to the standards, including those on:

Audit evidence

Auditing accounting estimates

Use of pricing evidence

Inquiries of predecessor auditors

Quality management

Materiality,

SSAE direct examination engagements, and

Practitioner's review reports.

Practical direction on the steps necessary to help you comply with GAAS

Comprehensive guidance on the entire auditing process, from start to finish

Explanations of all attestation and review, compilation, and preparation standards

A glossary of relevant terminology for each subject

It explains the standards clearly and accurately, providing explicit information on how to conduct your engagements efficiently, effectively, and properly--all in one resource.

In addition, Wiley Practitioner's Guide to GAAS 2023 provides readers with:

A crucial resource for accountants and auditors who are looking for a comprehensive explanation of the information used daily, Wiley Practitioner's Guide to GAAS 2023 is an invaluable resource written to save you time and simplify your compliance with professional standards.

Joanne M. Flood, MBA, CPA, has worked with small business and large enterprise clients. She has worked for a Big 4 international firm and a small firm. Formerly, a senior manager in the AICPA's Professional Development Group, Joanne has produced training materials on auditing and accounting in a wide variety of media.