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The exposure draft sets forth the responsibilities of a litigation services practitioner in a litigation services engagement. The purpose of this exposure draft is to solicit comments from CPAs who provide litigation services and other interested parties. The proposed SOR provides guidance on the application of the Statement on Standards for Consulting Services for a CPA providing litigation service consulting. The exposure draft accomplishes the following: 1. Incorporates into the SOR selected provisions of Special Reports that have been issued previously by the AICPA. 2. Provides guidance as to the application of consulting standards in a litigation services engagement. 3. Recognizes the impact of recent U.S. Supreme Court decisions relative to expert testimony and related changes in the federal Rules of Evidence.
Forensic accounting -- United States; Evidence, Expert -- United States.
Accounting | Taxation
American Institute of Certified Public Accountants. Statement on Responsibilities Task Force. Litigation and Dispute Resolution Services Subcommittee, "Proposed statement on responsibilities for litigation services no. 1;Statement on responsibilities for litigation services no. 1" (2001). Statements of Position. 286.