To the Point - Proposed alternative to agreed-upon procedures engagements would address stakeholder needs

13 Sep 2017 PDF
Subject AccountingLink
Publications To the Point

Overview

The AICPA has issued an exposure draft proposing the creation of a new attestation service that companies could use to have an accountant report to interested parties on the findings of procedures the accountant performed on an aspect of a company's business. The newly proposed service, selected procedures service would give companies a way to meet the needs of various stakeholders in situations that go beyond what is allowed for an agreed-upon procedures engagement.

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