Many new assurance services are performed in accordance with Statements on:
A)Standards for Attestation Services.
B)Generally Accepted Assurance Standards.
C)Auditing Standards.
D)Accounting for other Assurance Services.

Question

Quizplus · Accepted Answer

Many new assurance services, such as SOC 1 and SOC 2 reports, are performed in accordance with Statements on Standards for Attestation Services (SSAE) issued by the American Institute of Certified Public Accountants (AICPA). These standards provide guidance on performing attestation engagements, such as audits and reviews, on subject matter that is the responsibility of another party.

Many New Assurance Services Are Performed in Accordance with Statements