You recall that your audit opinions will be completely revised starting with December 31, 2012 financial statements. The opinion is completely different.
After you draft your reports with the practice tools used by your firm, it would be wise to double-check them. What to use?
Check out Charles Hall’s article – The Clarity Project – Vetting Your Clarity Opinions with the AICPA Peer Review Checklist.
He provides a number of the key comments from the peer review checklist that described some of the major points. You could use that post to double-check you covered the main changes.
Might be wise to keep a copy of his article handy. If you were to use Evernote, you could clip the post, stored it on your computer, and easily look up the ideas each time you draft an audit opinion.
By the way, he has an example opinion online – The Clarity Project – New Auditor’s Report