In July 2026, the AICPA Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) 150, External Confirmations, which amends various sections of the auditing professional literature, mainly the guidance in AU-C 505, External Confirmations. Learn about the key elements of this new standard.
*** This episode qualifies for nano CPE credit. Find out more at https://njcpa.org/nano. ***
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