Auditing and Financial Management:
July 16, 2012, letter commenting on the Peer Review Board's Proposed Changes to the AICPA Standards for Performing and Reporting on Peer Reviews - "Scope of System Review and Must Select Engagements"
Published: Jul 16, 2012. Publicly Released: Jul 16, 2012.
This letter provides the U.S. Government Accountability Offices (GAO) comments on the AICPA Peer Review Boards (PRB) proposed changes to the standards that would add all examinations performed under the Statements on Standards for Attestation Engagements (SSAE) to the scope of a System Review, and add Service Organization Control (SOC) 1 and 2 engagements to the types of engagements that must be selected in a System Review.