ASB Proposes 审计ing Standard Specific to ERISA Plan Financial Statement 审计s; Comments Sought Through August 21

的 American Institute of 188bet亚洲真人体育下载网址s’ (188bet亚洲真人体育下载) 审计准则委员会 has issued Exposure Draft, Proposed Statement on 审计ing Standards (SAS), Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA, specific to audits of financial statements of employee benefit plans that are subject to the Employee Retirement Income Security Act of 1974 (ERISA).

查尔斯·E. 兰德斯,188bet亚洲真人体育下载网址, 188bet亚洲真人体育下载's vice president for professional standards and services, who oversees the technical activities of the 审计准则委员会, told Bloomberg BNA that the Department of Labor (DOL) was "integral to the process" of creating the new standard.  兰德斯 said that when a 2015 DOL report identified quality issues with employee benefit plan audits subject to ERISA, the 188bet亚洲真人体育下载 worked closely with DOL to revise the auditing standards to help enhance audit quality.

This proposed SAS addresses the auditor’s responsibilities to form an opinion and report on the financial statements of ERISA plan financial statements, 还有表格
查尔斯·E. 兰德斯,188bet亚洲真人体育下载网址

and content of such reporting, including reporting on specific plan provisions relating to the ERISA plan financial statements and reporting when management imposes a limitation on the scope of the audit in accordance with ERISA section 103(a)(3)(C).

For audits of ERISA plan financial statements only, this proposed SAS would apply in place of AU-C section 700, Forming an Opinion and Reporting on Financial Statements (188bet亚洲真人体育下载, 专业标准), 和段落 .AU-C第725条第09条, Supplementary Information in Relation to the Financial Statements as a Whole (188bet亚洲真人体育下载, 专业标准).

的 proposed SAS also would amend various other AU-C sections in 188bet亚洲真人体育下载 Professional Standards. 的 proposed SAS would be effective for audits of financial statements for periods ending on or after December 15, 2018.

的 comment period ends on August 21, 2017.