SAS 73 Report

[§#$%!]

This is the first year an auditor asked for a SAS 73 report.

I don't ever recall providing this report to an autditor, and after reading a summary of this, it appears that the auditor would be the one who is required to disclose this report if the auditor enganges a specialist, such as an actuary to review the valuation.

We are the TPA that prepares the valuation.

Are we responsible for this report?

Thank you.

[JanetM]

Am confused. SAS73 (Statement of Auditing Standard #73) requires the auditor to determine the qualifications and experience of the actuary and their independence, then they examine the consitancy and assumptions being used.

Maybe they are asking you for something attesting to your qualifications, experience, independence and statement regarding assumptions and methods.

[§#$%!]

After reviewing last year's file, there was a questionnaire that the auditor sent us among other requests, and the last series of questions asked for independence, qualifications, etc. Unfortunately, those questions never mentioned SAS 73.

From I have read, those questions fall under SAS 73.