AICPA/CICA SYSTRUST™ Principles and Criteria

The AICPA and the CICA have both identified the development of new assurance services as key to the future of the accounting profession. Several years ago these bodies set up a number of task forces to develop several new products. One of the task forces was charged with developing an assurance service addressing systems reliability. This paper summarizes the issues that the task force addressed and the conclusions to which it came, including the development of an assurance service addressing systems reliability, labeled SYSTRUST™.