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AICPA’s Accounting and Review Services Committee to Meet in San Antonio

Beginning Tuesday, the American Institute of Certified Public Accountants’ (“AICPA”) Accounting and Review Services Committee will hold a three-day meeting in San Antonio, Texas. Topics expected to be covered include: Pro forma financial information and specified procedures; The proposed Statement on Standards for Accounting and Review Services (“SSARS”), Specified Procedures Engagements; The proposed SSRAS, Reference to the Work of Other Accountants in an Accountant’s Review Report and International Reporting Issues; and Additional guidance for SSARS engagements. Cherry Bekaert’s Melisa Galasso plans to be in attendance for part of next week’s meeting. The meeting materials and agenda are available on the AICPA website.

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AICPA’s Accounting and Review Services Committee Completes SSARS No. 21

As part of its four-year Clarity Project, the American Institute of Certified Public Accountants’ (“AICPA”) Accounting and Review Services Committee (“ARSC”) has finalized a document to reformat nearly all of the ARSC’s guidance with clarified versions. Expected to be released in the next two months, the standards will be published as Statement on Standards for Accounting and Review Services (SSARS) No. 21, Statement on Standards for Accounting and Review Services: Clarification and Recodification. When SSARS No. 21 is published, the AICPA’s Accounting and Review Services sections will be labeled as AR-C Sections and eventually replace current AR Sections. Also to. Read More.

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