The American Institute of CPAs voted to allow changes in the definition of “attest” during its Spring Meeting of Council on Sunday in an effort to fend off competition from non-CPA firms and unlicensed CPAs who offer attest services using AICPA standards.
The AICPA Council voted to adopt a resolution that will authorize the AICPA board of directors to approve amendments to the definition of attest as a way to protect the public from firms and individuals that claim to offer attest services, such as reports on sustainability and service organization controls, without being licensed as CPAs.
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