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SSARS No. 19 includes specific required language. If the engagement includes compilations performed in accordance with both SSARS No. 19 and SSARS No. 21, use the SSARS No. 19 language.
SSARS No. 26 amends SSARS No. 21, Statements on Standards for Accounting and Review Services: Clarification and Recodification, as amended, sections 60, 70, 80, and 90.
12 maj 2022 · The AICPA Auditing Standards Board has approved new quality management standards designed to improve a firm's risk assessment and audit quality. The ASB voted Thursday to approve three standards, and the Accounting and Review Services Committee is expected to approve a standard on Wednesday.
Introduction. Scope of This Section. .01 This section provides general principles for engagements performed in accordance with Statements on Standards for Accounting and Review Services (SSARSs) issued by the Accounting and Review Services Committee (ARSC) and codified into AR-C sections.
The amendments to AR-C sections 60, 70, 80, and 90 included as paragraphs 1–4 of SSARS No. 26 are effective for engagements performed in accordance with SSARSs for periods ending on or after December 15, 2025. The amendment to AR-C section 90 included as paragraph 5 of SSARS No. 26 is effective upon issuance.
3 lis 2021 · All AR-C sections can be found in AICPA Professional Standards. In December 2020, the IAASB issued the following standards: International Standard on Quality Management (ISQM) 1, Quality Management for Firms that Perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements.
The At a Glance about SQMS Nos. 1 and 2, SAS No. 146 and SSARS No. 26 provides a high-level summary of the changes resulting from the issuance of these standards, including the following: New risk-based approach, incorporating a risk assessment process driving firms to focus on quality management tailored to their circumstances
