Developments in Preparation, Compilation, and Review Engagements, 2015/16

This Alert will help you create a smooth transition into performing your engagements under the new SSARS 21 standard. The new standard will have a major impact in this core area of practice, and this Alert was created to help CPAs meet the challenge of remaining compliant through the transition. You′ll find targeted discussion of new developments, strategies to help you identify sources of risk, and best practices to help you prepare for issues you may face in your current and future engagements. Key Benefits: Recently Issued SSARS No. 21, Statements on Standards For Accounting and Review Services: Clarification and RecodificationRevisions to Interpretation No. 101–3, "Nonattest Services"Proposed SSARS, Compilation of Prospective and Pro forma Financial Information Who Will Benefit:Firms performing engagements in accordance with Statements on Standards for Accounting and Review Services.