attestation standards or international attestation standards established by the IAASB.
What does AT stand for?
AT stands for Attestation Standard (accounting)
This definition appears very frequently and is found in the following Acronym Finder categories:
- Organizations, NGOs, schools, universities, etc.
- Business, finance, etc.
See other definitions of AT
We have 123 other meanings of AT in our Acronym Attic
- Atmospheric Transmission
- Atomic Terrorism
- Atomic Time
- Atraumatic (physical exam)
- Atrial Tachycardia
Samples in periodicals archive:
As always, CPAs should be able to review the specialists' qualifications and work product, and not substitute the specialists' work for their own (see Attestation Standard Section 601.
Amends the 11 attestation standards to reflect the terminology used in SSAE No.
Based on existing attestation standards, the cost for an independent auditor to render an opinion directly on the effectiveness of an issuer's internal control systems is, in my opinion, far in excess of the potential benefits to the investing public.
Groups such as the Financial Executives International (FEI) have been arguing that an attestation standard should allow auditors to basically look at the internal controls assessment management is obligated to perform (and comment on in the annual report) under Section 404 of the Sarbanes-Oxley Act instead of testing those internal controls themselves.
The problem area is the expansion of the term "attest" with its family of variants beyond the certified audit of historical financial statements and the resulting application of attestation standards to historical financial statements other than the certified audit, namely to the compilation or review of financial statements.