TQA Section 6301.01

The AICPA has revised Technical Question and Answer (TQA) 6301.01 to be consistent with the wording in the 2023 edition of AICPA Audit and Accounting Guide Life and Health Insurance Entities. TQA 6301.01 provides nonauthoritative guidance for the auditor of an insurance entity to consider when determining whether information prepared by a loss reserves specialist who is employed or engaged by management can be used as audit evidence. This TQA incorporates requirements and application material from Statements on Auditing