When a GAGAS attestation engagement is the basis for an auditor's subsequent report under the AICPA standards, it would be advantageous to users of the subsequent report for the auditor's report to include the information on compliance with laws and regulations and internal control that is required by GAGAS but not required by AICPA standards.
( ( When ( ( a ( GAGAS ( attestation engagement ) ) ) ( is ( ( the basis ) ( for ( ( ( an ( auditor 's ) ) ( subsequent report ) ) ( under ( the ( AICPA standards ) ) ) ) ) ) ) ) ) ( , ( it ( ( would ( be ( advantageous ( to ( users ( of ( ( the ( subsequent report ) ) ( for ( ( the ( auditor 's ) ) ( report ( to ( ( ( ( ( include ( the information ) ) ( on ( ( ( compliance ( with ( ( laws and ) regulations ) ) ) and ) ( ( internal control ) ( that ( is ( required ( by GAGAS ) ) ) ) ) ) ) ) but ) not ) ( required ( by ( AICPA standards ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) . ) ) ) )
(ROOT (S (SBAR (WHADVP (WRB When)) (S (NP (DT a) (NNP GAGAS) (NN attestation) (NN engagement)) (VP (VBZ is) (NP (NP (DT the) (NN basis)) (PP (IN for) (NP (NP (NP (DT an) (NN auditor) (POS 's)) (JJ subsequent) (NN report)) (PP (IN under) (NP (DT the) (NNP AICPA) (NNS standards))))))))) (, ,) (NP (PRP it)) (VP (MD would) (VP (VB be) (ADJP (JJ advantageous) (PP (TO to) (NP (NP (NNS users)) (PP (IN of) (NP (NP (DT the) (JJ subsequent) (NN report)) (PP (IN for) (NP (NP (DT the) (NN auditor) (POS 's)) (NN report) (S (VP (TO to) (VP (VP (VB include) (NP (DT the) (NN information)) (PP (IN on) (NP (NP (NP (NN compliance)) (PP (IN with) (NP (NNS laws) (CC and) (NNS regulations)))) (CC and) (NP (NP (JJ internal) (NN control)) (SBAR (WHNP (WDT that)) (S (VP (VBZ is) (VP (VBN required) (PP (IN by) (NP (NNP GAGAS))))))))))) (CC but) (RB not) (VP (JJ required) (PP (IN by) (NP (NNP AICPA) (NNS standards)))))))))))))))) (. .)))
GAGS and AICPA have the same requirements.
( ( ( GAGS and ) AICPA ) ( ( have ( the ( same requirements ) ) ) . ) )
(ROOT (S (NP (NNP GAGS) (CC and) (NNP AICPA)) (VP (VBP have) (NP (DT the) (JJ same) (NNS requirements))) (. .)))