The Changing Standards of Auditing and Compliance

MortgageOrb recently interviewed Tyler Page, CPA, chief financial officer for LERETA.

In May 2017, the Auditing Standard Board of the American Institute of Certified Public Accountants (AICPA) issued its new Statement on Standards for Attestation Engagements (SSAE) No. 18. This new set of standards addresses concerns that focus on the complexity and length of its predecessor, SSAE 16, regarding outsourced services and is essentially a cleaner version that encompasses areas that were anticipated but excluded from the previous version. READ MORE

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