SSARS vs SAS

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  • #1623464
    Heena93
    Participant

    Hey guys,

    Can you pls help me out.

    I am not understanding when is SSARS or SAS used? What I think is –

    SSARS is used when accounting review services in case of non-issuer is performed by any CPA (not auditor)
    SAS is used when auditing services in case of non-issuer is performed by the auditor (CPA).

    Now, if it is correct, what are the cases when any company is not required to get its Financial Statements audited?

    Thanks a lot!

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