Reminder: Comments due on new forensics standard

BVWireIssue #197-2
February 13, 2019

business valuation standards & regulations
AICPA, forensic expert, forensic accountant

Comments are due February 28 on the proposed Statement on Standards for Forensic Services No. 1 (SSFS 1) developed by the AICPA’s Forensic and Valuation Services Executive Committee (FVSEC). The standards are 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). For more information, a set of frequently asked questions and answers about SSFS 1 is posted online. To send comments, email barbara.andrews@aicpa-cima.com.
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