This course helps accounting professionals confidently apply the Statements on Standards for Accounting and Review Services (SSARS) when preparing, compiling and reviewing financial statements. You’ll gain a practical understanding of the requirements through SSARS 27 and how the standards have evolved over time.

Explore how SSARS 21 introduced the Preparation service and clarified the Compilation and Review Standards, along with subsequent updates under SSARS 22 and 23. You’ll also examine the more substantive changes introduced by SSARS 24 and 25, particularly those affecting review engagements.

The course also addresses recent developments, including SSARS 26 conforming changes related to the AICPA’s Quality Management standards and SSARS 27 revisions to the applicability of AR-C 70 when practitioners are engaged to prepare financial statements. By understanding these changes and their practical implications, you’ll be better equipped to perform SSARS engagements accurately, efficiently and in accordance with current professional standards.