Page 403 - Auditing Standards

As of December 15, 2017

AS 2701: Auditing Supplemental Information Accompanying

Audited Financial Statements

Effective Date: For audits of fiscal years ending on or after June 1, 2014

Final Rule: PCAOB Release No. 2013-008
Guidance on AS 2701: Staff Guidance for Auditors of SEC-Registered Brokers and Dealers

Summary Table of Contents

.01 Introduction

.02 Objective

.03 Performing Audit Procedures on Supplemental Information Accompanying Audited Financial Statements

.05 Management Representations

.06 Evaluation of Audit Results

.10 Reporting

Appendix A—Definitions

Introduction

.01 This standard sets forth the auditor's responsibilities when the auditor of the company's financial
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statements is engaged to perform audit procedures and report on supplemental information that
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accompanies financial statements audited pursuant to Public Company Accounting Oversight Board
("PCAOB") standards.

Objective

.02 The objective of the auditor of the financial statements, when engaged to perform audit procedures

and report on supplemental information that accompanies audited financial statements, is to obtain sufficient
appropriate audit evidence to express an opinion on whether the supplemental information is fairly stated, in
all material respects, in relation to the financial statements as a whole.

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