Wiley Practitioner's Guide to GAAS 2020. Joanne M. Flood

of Terms Objective of AU-C Section 450 Requirements

      18  15 AU-C 500 Audit Evidence Scope Definitions of Terms Objective of AU-C Section 500 Requirements Interpretations

      19  16 AU-C 501 Audit Evidence—Specific Considerations for Selected Items Scope Objective of AU-C Section 501 Requirements—Investments in Securities and Derivative Instruments AU-C 501 Illustrations—Investments in Securities and Derivative Instruments Requirements—Inventory Existence and Condition AU-C 501 Illustrations—Inventory Observation Requirements—Litigation, Claims, and Assessments Involving the Entity AU-C 501 Illustration—Litigation, Claims, and Assessments Requirements—Segment Reporting

      20  17 AU-C 505 External Confirmations Scope Definitions of Terms Objective of AU-C Section 505 Requirements AU-C 505 Illustrations

      21  18 AU-C 510 Opening Balances—Initial Audit Engagements, Including Reaudit Engagements Scope Definitions of Terms Objective of AU-C Section 510 Requirements AU-C 510 Illustrations

      22  19 AU-C 520 Analytical Procedures Scope Definition of Term Objective of AU-C Section 520 Overview Requirements AU-C 520 Illustrations

      23  20 AU-C 530 Audit Sampling Scope Definitions of Terms Objective of AU-C Section 530 Overview Requirements Nonsampling Techniques Nonstatistical Audit Sampling Techniques Statistical Audit Sampling Techniques

      24  21 AU-C 540 Auditing Accounting Estimates, Including Fair Value Accounting Estimates and Related Disclosures Scope Definitions of Terms Objectives of AU-C Section 540 Overview Requirements

      25  22 AU-C 550 Related Parties Scope Definitions of Terms Objective of AU-C Section 550 Overview Requirements AU-C 550 Illustration—Related-Party Checklist

      26  23 AU-C 560 Subsequent Events and Subsequently Discovered Facts Scope Definitions of Terms Objectives of AU-C Section 560 Overview Requirements AU-C 560 Illustration—Subsequent Events Checklist

      27  24 AU-C 570 The Auditor’s Consideration of an Entity’s Ability to Continue as a Going Concern Scope Definition of Term Objectives of AU-C Section 570 Responsibility for the Evaluation of the Entity’s Ability to Continue as a Going Concern Requirements AU-C 570 Illustration—Going Concern Checklist

      28  25 AU-C 580 Written Representations