AICPA Proposes Revisions to Attestation Standards

AICPA Attestation Standards

The Auditing Standards Board (ASB) of the AICPA has issued the exposure draft, Proposed Statement on Standards for Attestation Engagements, Revisions to Statement on Standards for Attestation Engagements No. 18, Attestation Standards: Clarification and Recodification (Exposure Draft). The comment due date is October 11, 2018.

Affected SSAEs

The Exposure Draft proposes amendments to the Statements on Standards for Attestation Engagements (SSAEs) applicable when a practitioner performs an agreed-upon procedures engagement or reports directly on subject matter. If adopted as proposed, the proposed SSAE would supersede the following standards:

Significant Amendments

Among other changes, if the revisions are adopted as proposed, the SSAEs would:

  • No longer require practitioners to request a written assertion from the responsible party when the practitioner is reporting directly on the subject matter;
  • Require the practitioner to state explicitly in the report that the practitioner is independent and has met the other ethical responsibilities in accordance with applicable requirements;
  • Amend AT-C section 201 to (a) conform AT-C section 210 with the limited assurance provisions of International Standard on Assurance Engagements (ISAE) 3000 (Revised), Assurance Engagements Other Than Audits and Reviews of Historical Financial Information, (b) change the term “review engagement” to “limited assurance engagement”, and (c) require that the practitioner’s report include an informative summary of the work performed as a basis for the practitioner’s conclusion; and
  • Revise AT-C section 215 to (a) remove the requirement that all of the parties to the engagement agree to the procedures to be performed and take responsibility for their sufficiency, and (b) permit practitioners to issue a general use report except as otherwise required.

The Exposure Draft is available at:


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