SSARS Engagements Flashcards
1
Q
The objective of preparation
A
Prepare F/S in accordance with the standard reporting framework
2
Q
If performing both an audit and a review, which report should be issued
A
The report that is the highest level of service rendered
3
Q
The authoritative body to issue pronouncements
A
ARSC of the AICPA
4
Q
Departures from SSARS
A
Be able to justify the departure in report
5
Q
What does attestation servieces dooes SSARS apply to
A
Preparations, Reviews, Compilations
6
Q
The accountant must have what to be able to perform services?
A
Knowledge of the accounting principles and practices in the industry
