Podcast: The CAS compliance tightrope
Client accounting services continue to grow across the profession, but what standards apply when firms step into CAS work?
In this episode of "Future-Proof," Bill Sheridan sits down with Mike Manspeaker, a member of the AICPA Auditing Standards Board and CPA-on-staff for Coastal Peer Review, to explore the compliance, ethical, and quality management considerations that firms need to understand as CAS practices expand.
Mike shares practical insight into where firms can run into trouble, why engagement letters and documentation matter, and how firms can navigate the gray areas between advisory and attest services while continuing to deliver high-quality client service.
Listen to our conversation here.