...Management Accountability on auditing standards, Statement on Auditing Standards Number 53 (SAS No. 63), "The Auditor's Responsibility to Detect and Report...Irregularities," and SAS No. 54, "Illegal Acts by Clients."8 Through the two SASs, the AICPA'S Auditing Standards Board communicates the need for auditors...

...raised by Congress and others. These have a direct impact on IPA reporting under ERISA. Specifically, SAS No. 53 - The Auditor's Responsibility to Detect and Report Errors and Irregularities provides guidance on the independent auditor's responsibility for the detection of errors and irregularities,...

...with (GAAS) . The AICPA's current project to modify their audit and accounting guide, entitled Audils of Employee Benefit Plans, is an excellent beginning...and the auditor's assessment of that responsibility. j PROCEDURES FOLLOWED AFTER FINDINGS OF CRIMINAL VIOLATIONS Question. What procedures do you follow...

...disclosure where there is a change in accountants. '" Under these new rules, a registrant See, eg . Statement on Auditing Standards (SAS) No. 53, The...Responsibility to Detect and Report Errors and Irregularities. SAS No. 54, Illegal Acts By Clients. SAS No. 55, Consideration of the Internal Control Structure in...

...Control Structure Over Financial Reporting" (May 1993). 31. AICPA, Statement on Auditing Standards No. 53. "The Auditor's Responsibility to Detect and Report Errors and Irregularities," 1 5 (effective January 1989). 32. Investment Company Institute, Derivative Securities Survey, February...

...Control Structure Over Financial Reporting" (May 1993). 29. AICPA, Statement on Auditing Standards No. 53. "The Auditor's Responsibility to Detect and Report Errors and Irregularities," 1 5 (effective January 1989). 30. Investment Company Institute, Derivative Securities Survey, February...

...Uncertainties, AICPA, December 30, 1994. 12W. Steve Albrecht and John J. Willingham, "An Evaluation of SAS No. 53, The Auditor's Responsibility to Detect and Report Errors and Irregularities," The Expectation Gap Standards — Progress, Implementation Issues, Research Opportunities (New York:...

...reasons why auditors take the position that they are not responsible for detecting fraud. In 1988, SAS No. 53, The Auditor's Responsibility to Detect and Report Errors and Irregularities, was introduced and held the auditor responsible for detecting errors and irregularities that materially...