Explain the relevance of SSAE 18 and what does it report on.

Using an Internet web browser, search for AICPA’s Statement on Standards for Attestation Engagements (SSAE) No. 18, and perform the following: a. Explain the relevance of SSAE 18 and what does it report on. b. Identify advantages of SSAE 18 to auditors. c. Contrast SSAE 18 (as appropriate) with SSAE 16. Support your reasons and justifications with Audit literature and/or any other valid external source. Include examples as appropriate to evidence your case point. Submit a word file with a cover page, responses to the tasks above, and a reference section at the end. The submitted file should be between 5 and 7 pages long (double line spacing), including cover page and references. Be ready to present your work to the class.

 

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