[Biff-1955-Tannen]

Do compilations only use SSAE when compiling prospective financial statements and use SSAR when compiling historical?

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[monikernc]

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[Biff-1955-Tannen]

I appreciate the help you provide on the forum monikernc, but does anybody have a specific answer to my question, not just telling me to look through the SSAE and SSAR.

AUD 93 Jan 16
BEC 83 Feb 16
FAR 83 Apr 16
REG 84 May 16

99% Ninja MCQ only

[MaLoTu]

SSARS is only for privately help companies. SSAE pertain to engagements that do not have to be based on historical information and I believe that public companies have to follow SSAE for compilation engagements.

[CPAlife04]

The short answer: Yes for nonissuers. Issuers have pcaob standards.

Audit: 11/28/15 (72) April 2016
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NINJA

"The CPA exam is not a test of my ability, it is a test of my will. I have the will!"

[Biff-1955-Tannen]

Awesome, thank you

AUD 93 Jan 16
BEC 83 Feb 16
FAR 83 Apr 16
REG 84 May 16

99% Ninja MCQ only

[Author]

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