Hi All,
I get that the clarified SAS apply after Dec 15 2012, but I'm confused now by something Becker had in one of their answer explanations. It stated that PCAOB has not adopted the clarified SAS so the old auditor's reporting model is still being used for issuers. Does this mean that issuers will follow the old "unqualified" vs. the new "unmodified"...Any clarification would help since I'm taking audit tomorrow bright and early :/
Thanks in advance!