Describe the difference in the accountant’s responsibilities for services related to preparation of financial statements, compilations and reviews under SSARS No. 21-23 Understand the minimum documentation requirements for each level of service Identify the required elements of the appropriate
Statements of Standards for Accounting and Review Services (SSARS) recently underwent a complete revision through the issuance of SSARS No. 21, Statements of Standards for Accounting and Review Services: Clarification and Recodification. The most monumental change is the creation of a brand new non-attest service entitled "Preparation of Financial Statements." This course will focus on clear and practical guidelines for successfully navigating the changed professional requirements of SSARS No. 21, and subsequent SSARS No. 22 and 23, compared to current practice.