New TPAs address audits of group financial statements, signing and dating reports


The AICPA has issued implementation guidance for specific elements of two auditing standards in new Technical Questions and Answers (TPAs).

Paragraphs .42 to .43 of TIS section 8800, “Audits of Group Financial Statements and Work of Others,” provide nonauthoritative guidance regarding implementation of AU-C section 600, Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors).

TPA 9100.08 has been issued to provide nonauthoritative guidance regarding how the auditor would need to comply with the requirement in AU-C section 700, Forming an Opinion and Reporting on Financial Statements, for the auditor’s report to “name the city and state where the auditor practices” when a firm’s letterhead includes multiple office locations.

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