Forensic and Valuation Services Professional Standards

CPAs engaged to perform forensic accounting, business valuation, litigation and other engagements must follow the pertinent, laws, rules and standards. This resource section provides the AICPA professional standards and related guidance relevant to professionals who provide forensic and valuation services. 

• Statement on Standards for Forensic Services No. 1
• Statement on Standards for Consulting Services No. 1
• Statement on Standards for Valuation Services No. 1
• AICPA's Code of Professional Conduct

Exposure Drafts

International Valuation Glossary - Business Valuation (‘Glossary’)

Download Engagement Letter Templates, Checklists and Sample Reports

The SSVS Toolkit was designed to provide non-authoritative guidance on the development of valuation or calculation engagements as well as the development of engagement letters and reports in accordance with SSVS No.1. Included in the Toolkit, you will find:

• Customizable Engagement Letter Templates
• Development Compliance Checklists
• Reporting Compliance Checklists
• Sample Detailed and Summary Valuation Reports.

Additional SSVS Resources:

• AICPA VS Section 100 Subsequent Events Toolkit
• Application of SSVS No. 1 to Various Illustrative Client Engagement Situations 
• Understanding the Statement on Standards for Valuation Services No. 1 Webcast Recording (no CPE)

Responses to Member Posed Questions

• SSVS No. 1 Fact Sheet
• SSVS No. 1 and SSARS

Other Resources

• Independence Rules under the Sarbanes-Oxley Act
• SEC Financial Reporting Release No. 49 Implementation of Section 10-A of the SEC Act of 1934
• Rule of Evidence 702-705 and Rule of Civil Procedure 26 by State