{"product_id":"codification-of-statements-on-standards-for-accounting-and-review-services","title":"Codification of Statements on Standards for Accounting and Review Services","description":"\u003cp\u003eThis 2016 edition includes the authoritative standards and interpretations applicable to preparation, compilation, and review engagements. These standards provide the requirements for practitioners performing these engagements.\u003c\/p\u003e \n\u003cp\u003eSince the highly anticipated release of SSARS No. 21, \u003ci\u003eStatements on Standards for Accounting and Review Services: Clarification and Recodification\u003c\/i\u003e, practitioners have been preparing for the most significant revisions to the nonaudit literature in over 35 years. SSARS No. 21 completely superseded all prior standards except for those pertaining to the compilation of pro forma financial information. The more significant changes attributed to SSARS No. 21 include:\u003c\/p\u003e \n\u003cul\u003e\n\u003cli\u003eIntroduction of a new type of engagement for practitioners to prepare financial statements in accordance with SSARSs\u003c\/li\u003e\n\u003cli\u003eRevisions to the applicability of the compilation engagement, moving away from being \u003ci\u003esubmission\u003c\/i\u003e driven to \u003ci\u003eengagement \u003c\/i\u003edriven\u003c\/li\u003e\n\u003c\/ul\u003e \n\u003cp\u003eThis codification delivers SSARS No. 21 in the traditional codified format, complete with the following sections:\u003c\/p\u003e \n\u003cul\u003e\n\u003cli\u003eAR–C Section 60, \u003ci\u003eGeneral Principles for Engagements Performed in Accordance With Statements on Standards for Accounting and Review Services\u003c\/i\u003e\n\u003c\/li\u003e\n\u003cli\u003eAR–C Section 70, \u003ci\u003ePreparation of Financial Statements\u003c\/i\u003e\n\u003c\/li\u003e\n\u003cli\u003eAR–C Section 80, \u003ci\u003eCompilation Engagements\u003c\/i\u003e\n\u003c\/li\u003e\n\u003cli\u003eAR–C Section 90, \u003ci\u003eReview of Financial Statements\u003c\/i\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e \n\u003cp\u003eNew since the previous edition is Interpretation No. 1, \"Considerations Related to Reviews Performed in Accordance With International Standard on Review Engagements (ISRE) 2400 (Revised), \u003ci\u003eEngagements to Review Historical Financial Statements\u003c\/i\u003e,\" of AR–C section 90, \u003ci\u003eReview of Financial Statements\u003c\/i\u003e.\u003c\/p\u003e \n\u003cp\u003eYou′ll find that this codification is fully indexed and arranged by subject. The guidance (and related interpretations to the extent applicable) help you 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.\u003c\/p\u003e \n\u003cp\u003e\u003cb\u003eWho Will Benefit:\u003c\/b\u003e\u003c\/p\u003e \n\u003cul\u003e\u003cli\u003eAccountants performing preparation, compilation, or review engagements in accordance with SSARS\u003c\/li\u003e\u003c\/ul\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":54222781579608,"sku":"9781943546398","price":59.99,"currency_code":"EUR","in_stock":true}],"url":"https:\/\/agendabookshop.com\/products\/codification-of-statements-on-standards-for-accounting-and-review-services","provider":"Agenda Bookshop","version":"1.0","type":"link"}