SSAE 19 Key Changes, Applications, and Best Practices ON DEMAND

Overview

Entities relying on agreed-upon procedures engagements must understand key enhancements in SSAE No. 19 to better tailor reporting, broaden distribution, and address evolving subject matters. Michael Manspeaker, CPA, CGMA, of SEK CPAs and Advisors explains how removing the need for pre-specified parties, allowing general-use reports, and enabling CPAs to develop procedures helps smaller entities optimize cost-effectiveness while ensuring independence, high-quality documentation, and pertinent findings.

Highlights

Agreed-upon procedures engagements. SSAE No. 19.

Prerequisites

None.

Designed For

CPAs and auditors.

Objectives

Identify the key changes introduced by SSAE No. 19, including the removal of restrictive distribution requirements and the practitioner’s ability to develop procedures. Distinguish between the roles of an engaging party and a responsible party in agreed-upon procedures (AUP) engagements. Recognize how independence, thorough documentation, and clearly stated findings contribute to high-quality AUP engagements. Indicate how smaller or less complex entities can benefit from the cost-effectiveness and flexibility offered by SSAE No. 19.

Preparation

None.

Notice

None.