Objective: ASEC’s objective is to continuously anticipate, identify, assess and address significant developments and opportunities relating to emerging assurance and advisory needs, and to determine and develop relevant thought leadership, guidance and criteria, tools, or other member support. The primary objectives of ASEC are to (1)Anticipate, identify and assess new service opportunities related to market needs and demands and emerging technologies; (2)Where needed, develop and communicate assurance and advisory guidance (including, where necessary, underlying suitable criteria); (3)Support the innovation of traditional services (e.g. the financial statement audit and existing attestation services) to enhance quality, keep pace with changes in technology and meet evolving market needs;(4) Collaborate with industry, government and other specialized groups to enhance members’ ability to efficiently and effectively meet market needs related to new and existing services; and (5) Maintain and evolve existing guidance and criteria developed by ASEC.
Qualifications/requirements: The ASEC is a committee of twelve members, consisting of members in public practice, industry, government and academia. Members are appointed within the following guidelines: local, regional and other non-big four national firms (5); big four firms (4); industry (1); government official or an auditor of government entities (1); academician (1). Candidates in public practice should be partner and/or equivalent with at least four years of experience as a partner. All candidates should be innovative and possess knowledge of assurance services and Attestation Standards.
Meeting format: virtual and in-person
Staff Liaison: Erin Mackler & Amy Pawlicki