Exposure Draft on SSARS 21 Section 90 Issued
The American Institute of Certified Public Accountants has proposed changes to Statements on Standards for Accounting and Review Services (“SSARS”) 21, Clarification and Recodification, AR-C section 90, Review of Financial Statements. Issued as the exposure draft, Proposed Statement on Standards for Accounting and Review Services, Amendment to Statement on Standards for Accounting and Review Services No. 21 Section 90, Review of Financial Statements, the proposal would amend paragraphs .05, .81-.82 and .A128-.A131 of AR-C section 90. Other changes proposed include clarifications to the “supplementary information” definition, and updates to the accountant’s reporting responsibilities when such information is part of the. Read More.