The American Institute of CPAs (AICPA) released new professional standards for CPAs who perform forensic services engagements. The Statement on Standards for Forensic Services No. 1 (SSFS1) provides authoritative guidance for providing litigation and investigative services. Specifically, the standards clarify the definitions of litigation and investigation for accounting purposes, lay out key considerations for client and provider relationships, and establish boundaries on the services members can provide. This codification of best practices for litigation and investigation consulting work is unique because it is applied based on why a service is provided rather than what skill set is employed.