Proposed SSAE would increase flexibility for practitioners in performing attestation engagements
A standard proposed Wednesday by the AICPA Auditing Standards Board would change the terminology for what has been known as a “review engagement” in addition to making other significant changes.
The most important aspects of the proposed Statement on Standards for Attestation Engagements, Revisions to SSAE No. 18, Clarification and Recodification, include that it would:
The proposal would supersede AT-C Sections 105, Concepts Common to All Attestation Engagements; 205, Examination Engagements; 210; and 215, Agreed-Upon Procedures Engagements.
Public comment can be submitted to Sherry Hazel at Sherry.Hazel@aicpa-cima.com by Oct. 11
— Ken Tysiac (Kenneth.Tysiac@aicpa-cima.com) is a JofA editorial director.
Research & References of Proposed SSAE would increase flexibility for practitioners in performing attestation engagements|A&C Accounting And Tax Services