[The following paragraph was effective for audits of fiscal periods ending after June 15, 1992. It was amended, effective for audits of fiscal years beginning on or after December 15, 2010. See PCAOB Release No. 2010-004.

Return to the current version.]


This section does not address the extent or timing of confirmation procedures. Guidance on the extent of audit procedures (that is, considerations involved in determining the number of items to confirm) is found in section 350, Audit Sampling, and section 312, Audit Risk and Materiality in Conducting an Audit. Guidance on the timing of audit procedures is included in section 313, Substantive Tests Prior to the Balance-Sheet Date.