Special Reports AU-C Section 805 provides guidance on audits of single financial statements and specific elements, accounts, or items of a financial statement. What are some examples of these types of situations?

The following are examples of single financial statements, each of which would include related notes:
• Balance sheet
• Statement of income or statement of operations
• Statement of retained earnings
• Statement of cash flows
• Statement of assets and liabilities
• Statement of changes in owner's equity
• Statement of revenues and expenses
• Statement of operations by product lines
The following are examples of specific elements, accounts, or items of a financial statement:
• Accounts receivable; allowance for doubtful accounts receivable; inventory; the liability for accrued benefits of a private benefit plan; the recorded value of identified intangible assets; or the liability for incurred but not reported claims in an insurance portfolio, including related notes
• A schedule of externally managed assets and income of a private benefit plan, including related notes
• A schedule of disbursements regarding a lease property, including related notes
• A schedule of profit participation or employee bonuses, including related notes