Auditing Standards Board

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Definitions

Auditing Standards Auditing Standards Board AICPA PCAOB Standards on Auditing Professional Oversight Accounting

The Auditing Standards Board (ASB) is the American Institute of Certified Public Accountants' (AICPA) senior technical committee designated to issue Statements on Auditing Standards (SASs). Since 2002, ultimate oversight of the auditing profession in the United States has rested with the Public Company Accounting Oversight Board (PCAOB).

Definitions

Statement on Auditing Standards (SAS)

Statement on Auditing Standards Auditing Standards American Institute of Certified Public Accountants Auditing Standards Board AICPA Audit Reports U.S. Auditing Standards

Statement on Auditing Standards (SAS) are issued by the Auditing Standards Board (ASB) of the American Institute of Certified Public Accountants (AICPA) to establish accepted U.S. auditing standards. Members of AICPA must explain any deviations from SAS principles in their audit reports.