SOP 13-1 released to update and supersede SOP 03-2

A new Statement of Position (SOP) released under the authority of the Auditing Standards Board establishes guidance for attest engagements on entities’ greenhouse gas emissions statements.

SOP 13-1, Attest Engagements on Greenhouse Gas Emissions Information, supersedes SOP 03-02, which had the same title. The SOP guides practitioners performing an examination or a review of a greenhouse gas emissions statement containing either a schedule with the subject matter or an assertion relating to information about an entity’s greenhouse gas emissions.

The SOP also provides guidance on the application of AT Section 101, Attest Engagements, to greenhouse gas emissions attest engagements.

SOP 13-1 takes effect for reports on greenhouse gas emissions information issued on or after Sept. 15. Early implementation is permitted.


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.