Special report on litigation services released.

• Position: Accounting & auditing news - Brief Article

Litigation services continue to be among the most important and fastest growing of the consulting services offered by the top 100 accounting firms, according to the latest Accounting Today Industry Survey. CPAs are involved in a wide array of litigation services engagements, including calculation of economic damages; valuations; fraud prevention, detection and investigation; tax analyses, bankruptcy analyses; attestation services and others. To be effective litigation services practitioners, whether full time or part time, CPAs must know, understand and comply with the applicable standards, rules and laws.

The AICPA's new Consulting Services Special Report (CSSR) 03-01, Litigation Services and Applicable Professional Standards (No. 055297CPA04), provides guidance to achieve these objectives...