HSchedule of Changes Made to the Text From the Previous Edition – Audit and Accounting Guide Depository and Lending Institutions, 2nd Edition

Appendix H
Schedule of Changes Made to the Text From the Previous Edition

This appendix is nonauthoritative and is included for informational purposes only.

As of July 1, 2017

This schedule of changes identifies areas in the text and footnotes of this guide that have that have changed since the previous edition. Entries in the table of this appendix reflect current numbering, lettering (including that in appendix names), and character designations that resulted from the renumbering or reordering that occurred in the updating of this guide.

Reference Change
General Guide content included in shaded areas and "Guidance Update" boxes within the chapters have been updated to appropriately reflect guidance not yet effective as of the date of the guide. See the preface of this guide for more explanation to this "dual guidance" treatment.
General Editorial changes, including rephrasing, have been made in this guide to improve readability where necessary.
Preface Updated.
Former paragraphs 1.48–.53; former footnote 9 in former paragraph 1.49 Moved to chapter 3.
Paragraphs 1.92 and 1.108 Revised to reflect the issuance of the PCAOB’s Reorganization of PCAOB Auditing Standards and Related Amendments to PCAOB Auditing Standards and Rules.
Former footnote 21 in paragraph 1.92 Deleted to reflect the issuance of Statement on Auditing Standards (SAS) No. 130, An Audit of Internal Control Over Financial Reporting That Is Integrated With an Audit of Financial Statements (AICPA, Professional Standards, AU-C sec. 940).
Paragraphs 1.92 and 1.109 Revised to reflect the issuance of SAS No. 130.
Former footnote 23 in paragraph 1.109 Deleted to reflect the issuance of SAS No. 130.
Paragraphs 1.112 Revised to reflect the issuance of Statement on Standards for Attestation Engagements (SSAE) No. 18, Attestation Standards: Clarification and Recodification (AICPA, Professional Standards).
Paragraphs 3.15–.20; footnote 2 in paragraph 3.16 Moved from chapter 1.
Paragraphs 4.33–.36 Moved from chapter 10.
Former footnote 3 in paragraph 4.37 Deleted for the passage of time.
Paragraph 4.38 Revised to reflect the issuance of HUD Handbook 4000.1.
Paragraph 4.40 Revised to reflect the issuance of SSAE No. 18.
Paragraph 5.75 Revised to reflect the issuance of SAS No. 130.
Former footnote 19 in paragraph 5.75 Deleted to reflect the issuance of SAS No. 130.
Former footnote 2 in paragraph 6.12 Deleted to reflect the issuance of FASB Accounting Standards Update (ASU) No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash (a consensus of the FASB Emerging Issues Task Force).
Former footnotes 3–4 in paragraphs 6.17 and 6.21 Deleted to reflect the issuance of FASB ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments (a consensus of the Emerging Issues Task Force).
Footnote 9 in paragraph 8.90 Revised for the passage of time.
Footnote 19 to heading before paragraph 8.185 Revised to reflect the issuance of SAS No. 130.
Paragraph 9.30 Moved from former paragraph 9.33.
Former paragraph 9.33 Moved to paragraph 9.30.
Former paragraph 9.36 Deleted for the passage of time.
Paragraph 9.64 Revised for the passage of time.
Former footnote 8 in paragraph 9.105 Deleted for the passage of time.
Former paragraphs 10.16–.19 Moved to chapter 4.
Footnote 6 in paragraph 10.93 Revised to reflect the issuance of FASB ASU No. 2017-05, Other Income—Gains and Losses from the Derecognition of Nonfinancial Assets (Subtopic 610-20): Clarifying the Scope of Asset Derecognition Guidance and Accounting for Partial Sales of Nonfinancial Assets.
Former paragraph 11.04 Deleted for the passage of time.
Footnote 2 to heading before paragraph 11.43 Revised to reflect the issuance of FASB ASU No. 2017-05.
Paragraph 12.11 Revised to reflect the issuance of NCUA final regulation Federal Credit Union Occupancy, Planning, and Disposal of Acquired and Abandoned Premises; Incidental Powers.
Footnote 3 in paragraph 12.23 Revised for the passage of time.
Former footnotes 4–5 and 8–9 in paragraphs 12.23, 12.35–.36, and 12.47 Deleted to reflect the issuance of FASB ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment.
Paragraph 12.50 Revised to reflect the issuance of FASB ASU No. 2016-19, Technical Corrections and Improvements.
Paragraph 14.53 Revised to reflect the issuance of SSAE No.18.
Paragraph 15.39 Revised to reflect the issuance of FASB ASU No. 2015-03, Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs.
Former footnote 3 in paragraph 15.39 Deleted to reflect the issuance of FASB ASU No. 2015-03.
Paragraph 15.48 Revised to reflect the issuance of FASB ASU No. 2015-03.
Former footnote 6 in paragraph 15.48 Deleted to reflect the issuance of FASB ASU No. 2015-03.
Paragraph 15.50 Revised to reflect the issuance of FASB ASU No. 2015-01, Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.
Former footnote 7 in paragraph 15.50 Deleted to reflect the issuance of FASB ASU No. 2015-01.
Former footnote 3 in to header before paragraph 16.14 Deleted for the passage of time.
Former footnotes 5–6 in paragraphs 16.21 and 16.24 Deleted to reflect the issuance of FASB ASU No. 2016-16, Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory.
Footnote 5 to header before paragraph 16.27 Added to reflect the issuance of proposed ASU Income Taxes (Topic 740): Disclosure Framework—Changes to the Disclosure Requirements for Income Taxes.
Former footnotes 5–6 in paragraphs 17.34–.35 Deleted to reflect the issuance of FASB ASU No. 2014-15, Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern.
Paragraph. 17.36 Revised to reflect the issuance of FASB ASU No. 2014-15.
Former footnote 7 in paragraph 17.36 Deleted to reflect the issuance of FASB ASU No. 2014-15.
Paragraph 17.58 Revised to reflect the issuance of FASB ASU No. 2014-15.
Former footnote 12 in paragraph 17.58 Deleted to reflect the issuance of FASB ASU No. 2014-15.
Paragraph 17.73 Revised to reflect the issuance of FASB ASU No. 2014-15.
Former footnote 24 in paragraph 17.73 Deleted to reflect the issuance of FASB ASU No. 2014-15.
Paragraph 17.75 Revised to reflect the issuance of FASB ASU No. 2014-15.
Former footnote 25 in paragraph 17.75 Deleted to reflect the issuance of FASB ASU No. 2014-15.
Paragraph 17.82 Revised to reflect the issuance of FASB ASU No. 2014-15.
Former footnote 29 in paragraph 17.82 Deleted to reflect the issuance of FASB ASU No. 2014-15.
Footnote 1 in paragraph 18.51 Revised for the passage of time.
Paragraph 18.70 Revised to reflect the issuance of SR Letter 16-19.
Former footnote 1 in paragraph 19.01 Deleted to reflect the issuance of FASB ASU No. 2017-01, Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items.
Footnote 1 in paragraph 21.01 Revised to reflect the issuance of SAS No. 130.
Paragraphs 21.22 and 21.25 Revised to reflect the issuance of SSAE No. 18.
Footnote 1 in paragraph 22.12 Revised to reflect the issuance of proposed ASU Financial Services–Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts
Footnote 1 to general note box; footnote 5 in paragraph 23.08 Revised for the passage of time.
Paragraph 23.26 Revised to reflect the issuance of SAS No. 130.
Former footnote 20 in paragraph 23.26 Deleted to reflect the issuance of SAS No. 130.
Paragraph 23.27 Revised to reflect the issuance of SAS No. 130.
Former footnote 21 in paragraph 23.27 Deleted to reflect the issuance of SAS No. 130.
Paragraphs 23.30 and 23.34 Revised to reflect the issuance of SSAE No. 18.
Footnote 1 to appendix A to chapter 23 Revised to reflect the adoption of PCAOB’s final auditing standard, The Auditor’s Report on an Audit of Financial Statements When the Auditor Expresses and Unqualified Opinion.
Appendixes A, C, E, G Updated.

__________________________