ASB addresses engagements performed under 2 sets of attestation standards (Journal of Accountancy) - An interpretation issued Tuesday by the AICPA Auditing Standards Board permits practitioners to perform and report on an attestation engagement in accordance with AICPA attestation standards in addition to another set of attestation standards as long as both sets of standards are followed in their entirety.
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What reform will mean for tax pros (Accounting Today) - While the move to overhaul the tax system under the Trump administrationâs tax reform proposal and the House GOP Blueprint may aim to greatly simplify taxes, it wonât mean there will be any less work for tax preparers.