A certificate or registration holder in the performance of consulting services, accounting and review services, or any other attest service shall conform to the professional standards applicable to such services. For purposes of this section, such professional standards are considered to be interpreted by:

1. (1) Statements on Standards on Consulting Services (SSCS) issued by the American Institute of Certified Public Accountants;
2. (2) Statements on Standards for Accounting and Review Services (SSARS) issued by the American Institute of Certified Public Accountants;
3. (3) Statements on Standards for Attestation Engagements (SSAE) issued by the American Institute of Certified Public Accountants; or
4. (4) similar pronouncements by other entities having similar generally recognized authority.

Source Note:The provisions of this §501.62 adopted to be effective June 11, 2000, 25 TexReg 5337.