SAS 46 Section 390 Consideration of Omitted Procedures After the Report Date

This section provides guidance on the considerations and procedures
to be applied by an auditor who, subsequent to the date of his report on audited
financial statements, concludes that one or more auditing procedures considered
necessary at the time of the audit in the circumstances then existing were
omitted from his audit of the financial statements, but there is no indication
that those financial statements are not fairly presented in conformity with generally
accepted accounting principles or with another comprehensive basis of
accounting. This circumstance should be distinguished from that described in
section 561, which applies if an auditor, subsequent to the date of his report
on audited financial statements, becomes aware that facts regarding those financial
statements may have existed at that date that might have affected his
report had he then been aware of them.