There is often an overlap between valuation work and forensics, so a new standard for forensic services should be of interest to valuation experts. The AICPA’s Forensic and Valuation Services Executive Committee (FVSEC) developed the new standard that will apply to all AICPA members and member firms. The proposed Statement on Standards for Forensic Services No. 1 (SSFS 1) is designed to provide more tailored authoritative guidance to CPAs who perform forensic accounting services. The proposal would take effect for any new engagements accepted on or after May 1, 2019 (early adoption permitted). The AICPA has posted a set of frequently asked questions and answers about SSFS 1 online and is asking for comments from AICPA members and member firms, and other stakeholders, until February 28. To send a comment, email barbara.andrews@aicpa-cima.com.