"Trust Services Principles, Criteria Added to Professional Literature"


Version 1.0 of the trust services principles and criteria framework, which encompasses the WebTrust and SysTrust services, now is included in the loose-leaf edition of the AICPA’s Technical Practice Aids (product code G80101JA) and will become part of the paperback edition (product code 005142JA) in June. Both versions are available from the AICPA at 888-777-7077. The framework will be effective for engagements beginning April 1, and its use is encouraged for earlier engagements.”

SPONSORED REPORT

States look to unclaimed property for revenue

This free report outlines the escheat process, common types of AUP, how different states are handling it and how companies can plan for potential audits and liabilities.

PODCAST

Using drones to enhance audits

Hermann Sidhu, CPA, global assurance digital leader at EY, walks us through EY’s exciting new project to use drones to help audit large warehouses and outdoor inventories.