TECH 01/06 for Service Organisations released for consultation
Released 29 July 2019
The ICAEW releases a draft of the revised guidance note, which is plans to release in full by 31 October 2019.
The original version of AAF 01/06 Assurance reports on internal controls of service organisations made available to third parties was released in 2006, although parts have subsequently been updated.
The new guidance when adopted, which will carry the same name but has yet to be given a reference number, is set to apply for periods commencing 1 January 2020. Early adoption is encouraged to maintain best practice.
The guidance has been updated in accordance with ISAE 3000 (Revised) Assurance Engagements Other than Audits or Reviews of Historical Financial Information, and will be in line with ISAE 3402 Assurance Reports on Controls at a Service Organization.