Codification of Statements on Standards for Accounting and Review Services

by Aicpa

• ISBN13: 9781945498787
• ISBN10: 1945498781
• Format: Paperback
• Copyright: 2017-07-05
• Publisher: John Wiley & Sons Inc

Summary

In addition to SSARS No. 21, which is now effective, this edition includes two newly released Statements on Standards for Accounting and Review Services (SSARS): SSARS No. 22, Compilation of Pro Forma Financial Information, and SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services—2016.

The codification statements are fully indexed and arranged by subject. The guidance (and related interpretations to the extent applicable) help apply the standards in specific circumstances and clearly show amendments, deleted or superseded portions, and conforming changes due to the issuance of other authoritative guidance.

Author Biography

Founded in 1887, the American Institute of Certified Public Accountants (AICPA) represents the CPA and accounting profession nationally and globally regarding rule-making and standard-setting, and serves as an advocate before legislative bodies, public interest groups and other professional organizations. The AICPA develops standards for audits of private companies and other services by CPAs; provides educational guidance materials to its members; develops and grades the Uniform CPA Examination; and monitors and enforces compliance with the accounting profession's technical and ethical standards.
The AICPA's founding established accountancy as a profession distinguished by rigorous educational requirements, high professional standards, a strict code of professional ethics, a licensing status and a commitment to serving the public interest.

Table of Contents

How This Publication Is Organized  1

STATEMENTS ON STANDARDS FOR ACCOUNTING AND REVIEW SERVICES (Clarified) [AR-C]

AR-C Cross-References to   3

AR-C Introduction  5

Statements on Standards for Accounting and Review Services (Clarified) 15

60 General Principles for Engagements Performed in Accordance With Statements on Standards for Accounting and Review Services 23

70 Preparation of Financial Statements 41

80 Compilation Engagements 55

90 Review of Financial Statements 89

9090 Review of Financial Statements: Accounting and Review

Services Interpretation of AR-C Section 90  165

120 Compilation of Pro Forma Financial Information 167

AR-C Appendixes 181

AR-C Topical Index 185