[Anonymous]

AICPA members who perform compilation and review engagements are governed by all of the following except:

A. the AICPA Code of Professional Conduct.

B. SQCSs.

C. SSARSs.

D. ARSCs.

D. The ARSC is the Accounting and Review Services Committee. This committee issues the Statements on Standards for Accounting and Review Services (SSARSs), which govern the performance of compilation and review engagements.

In addition, AICPA members who perform compilation and review engagements are governed by the AICPA’s Code of Professional Conduct and the Statements of Quality Control Standards (SQCSs), which establish standards and provide guidance on a firm’s system of quality control.

---

The ARSC is the Accounting and Review Services Committee, which oversees compilations and reviews. The question asks for which one DOES NOT govern compilations and reviews. How is this the right answer?

[Anonymous]

classic example of why I hated Audit

[Anonymous]

classic example of why I hated Audit

[mtwst113]

The easiest way to explain this is that A B and C are all standards/rules that a CPA must follow, while D is the committee that creates issues SSARS's. You have to “follow” SSARS's…you don't have to “follow” the ARSC. Hope this helps!

BEC | √
AUD| √
FAR| Spring 2015

[mtwst113]

The easiest way to explain this is that A B and C are all standards/rules that a CPA must follow, while D is the committee that creates issues SSARS's. You have to “follow” SSARS's…you don't have to “follow” the ARSC. Hope this helps!

BEC | √
AUD| √
FAR| Spring 2015

[Author]

Replies