September 29, 2022

Proposed revisions to the AICPA tax standards (SSTS)

To keep pace with the evolving tax profession, the updates to the AICPA’s Statements on Standards for Tax Services (SSTSs) will guide tax practitioners into the future, help them enhance their services and maintain their professional edge. Learn more about the goals, timeline and FAQs for the proposed revisions and how you can provide input.

Exposure Draft and Invitation to Comment

The combined Exposure Draft (ED) and Invitation to Comment (ITC) presents the findings and conclusions of the SSTS Revision Task Force as approved by the Tax Executive Committee (TEC). The document is divided into two sections: Part 1: ED and Part 2: ITC.

The ED presents changes the AICPA proposes to make to the SSTSs. Following consideration of comments received, the changes outlined in the ED, if adopted, are expected to be included in a revised SSTSs document to be approved no later than May 31, 2023, and effective Jan. 1, 2024.

The ITC is separate and independent from the ED and presents items for consideration that will require

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