AUD review vs compilation etc.

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    Topic
  • #2453829
    ashleybuck
    Participant

    Does anyone have a good breakdown of when independence is required and what assurance is provided for each of the types of services. (review, compilation, audit, attestation services, and agreed upon procedures)? Also what standard they are required to follow?

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  • #2509722
    FutureCPA
    Participant

    review-Must be independent, SSARS
    compilation-does not have to be independent but if you aren't disclose it, SSARS
    audit-must be independent, GAAS
    agreed upon procedures-must be independent, SSAE

    I need to pass before busy season.

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