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Preconditions for an ERISA Section 103(a)(3)(C) Audit Under SAS 136
Financial Executives International Daily
Dec. 13, 2021 "Statement on Auditing Standards (SAS) 136, [is] effective for audits of [ERISA] plan financial statements for periods ending on or after Dec. 15, 2021 ... While the new SAS does not affect the accounting or financial statement reporting for plans, it will affect every other aspect of the audit, including engagement acceptance, the audit opinion, audit procedures, and required communications at the conclusion of the audit." MORE >> |
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