[The following footnote was effective for audits of fiscal years ending before June 1, 2014. See PCAOB Release No. 2013-007 for audits of fiscal years ending on or after June 1, 2014, or return to the current version.]

 

[The following footnote is effective for audits of fiscal years ending on or after November 15, 2007. See PCAOB Release No. 2007-005A. For audits of fiscal years ending before November 15, 2007, click here.]

2/      Relevant financial statement assertions are described in paragraphs 28-33 of PCAOB Auditing Standard No. 5, An Audit of Internal Control Over Financial Reporting That Is Integrated with An Audit of Financial Statements.