Statement on Auditing Standards (SAS)
SAS means Statement on Auditing standards are issued by the auditing standard broad and are consider interpretations of GAAS. It provides guidance to external auditors on generally accepted auditing standards (abbreviated as GAAS) in regard to auditing an entity and issuing a report.
The SAS receive their authority from the AICPA’S code of professional conduct. It is a decision by the Auditing Standards Board providing information on how to conduct an audit. The Board’s decisions are authoritative; auditors generally must abide by them. The Auditing Standards Board provides a uniform set of standards for conducting audits in the United States.