Below are amendments to AT sec. 601, Compliance Attestation, related to the Public Company Accounting Oversight Board's reorganization of its auditing standards. (See PCAOB Release No. 2015-002.) The amendments were approved by the U.S. Securities and Exchange Commission ("SEC") on September 17, 2015, and are effective as of December 31, 2016. The current standard can be found here.

AT sec. 601 Amendments

  1. The following note is added at the end of paragraph .01:

Note: In connection with an engagement performed in accordance with this attestation standard, whenever the practitioner is required to make reference in a report to attestation standards established by the American Institute of Certified Public Accountants, the practitioner must instead refer to "the standards of the Public Company Accounting Oversight Board (United States)." A practitioner must also include the city and state (or city and country, in the case of non-U.S. practitioners) from which the practitioner's report has been issued.

  1. In paragraph .02:

    1. In item b, the reference to "AU section 623, Special Reports, paragraphs .19 through .21" is replaced with "paragraphs .19 through .21 of AS 3305, Special Reports."
    2. In item c, the reference to "AU section 801, Compliance Auditing Considerations in Audits of Governmental Entities and Recipients of Governmental Financial Assistance" is replaced with "AS 6110, Compliance Auditing Considerations in Audits of Recipients of Governmental Financial Assistance."
    3. In item d, the reference to "AU section 634" is replaced with "AS 6101."

  2. In footnote 5 to paragraph .19, the reference to "AU section 322, The Auditor's Consideration of the Internal Audit Function in an Audit of Financial Statements" is replaced with "AS 2605, Consideration of the Internal Audit Function."

  3. In the second sentence of paragraph .33, the reference to "AU section 316A, Consideration of Fraud in a Financial Statement Audit, paragraphs .16 through .19" is replaced with "AS 2401, Consideration of Fraud in a Financial Statement Audit."
  4. In the last sentence of paragraph .43, the reference to "AU section 336" is replaced with "AS 1210."
  5. In the last sentence of paragraph .44, the reference to "AU section 322, The Auditor's Consideration of the Internal Audit Function in an Audit of Financial Statements" is replaced with "AS 2605, Consideration of the Internal Audit Function."
  6. In the second sentence of paragraph .47, the reference to "AU section 325, Communication of Internal Control Related Matters Noted in an Audit" is replaced with "AS 1305, Communications About Control Deficiencies in an Audit of Financial Statements."
  7. In the last sentence of paragraph .48, the reference to "AU section 350" is replaced with "AS 2315."
  8. In the first sentence of paragraph .50, the reference to "AU section 560" is replaced with "AS 2801."
  9. In footnote 22 to paragraph .68, the reference to "AU section 333, Management Representations, paragraph .09" is replaced with "Paragraph .09 of AS 2805, Management Representations."