The Auditing Standards Board (ASB) of the AICPA is seeking public feedback on proposed updates to US attestation standards, focusing on sustainability and emerging assurance areas. The consultation period will last at least 120 days, with revisions addressing shifts in attestation practice beyond financial audits to include sustainability reporting and cybersecurity. The exposure draft will include updates to core standards and new sections on sustainability reporting.

The ASB plans to adopt the revised standards next year, pending feedback and approval. An exposure draft outlining the proposed changes will be released online on 26 February for public review. The ASB, as the AICPA’s senior committee, sets auditing and attestation standards for non-issuers to support practitioners in delivering objective services. Public input is encouraged to shape the final standards.

Read more at Yahoo Finance: AICPA invites public input on attestation standard changes