Page 518 - Auditing Standards
P. 518
As of December 15, 2017
14 It is assumed that the independent auditor has been able to satisfy himself or herself as to the consistency
of application of generally accepted accounting principles. See AS 2820 for a discussion of consistency.
15 See footnote 6.
16 It is recognized that there may be reasons why a predecessor auditor's report may not be reissued and
this section does not address the various situations that could arise.
17 See AS 2805, Management Representations, appendix C [paragraph .18], "Illustrative Updating
Management Representation Letter."
18 The successor auditor should not name the predecessor auditor in his or her report; however, the
successor auditor may name the predecessor auditor if the predecessor auditor's practice was acquired by, or
merged with, that of the successor auditor.
19 If the predecessor's report was issued before the effective date of this section and contained an
uncertainties explanatory paragraph, a successor auditor's report issued or reissued after the effective date
hereof should not make reference to the predecessor's previously required explanatory paragraph.
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