ASB Completes Attestation Clarity Project
The ASB has completed clarifying Statements on Standards for Attestation Engagements (SSAEs or attestation standards) and is issuing its clarified attestation standards as SSAE No. 18, Attestation Standards: Clarification and Recodification. The ASB expects SSAE No. 18 to be available in April 2016 and to be effective for practitioners’ reports dated on or after May 1, 2017.