Which of the following standards represents the standards followed by CPAs providing a review of a client's financial statements?

Question

Quizplus · Accepted Answer

Statements on Standards for Accounting and Review Services (SSARS) provides the standards that should be followed by CPAs providing a review of a client's financial statements. Statements on Auditing Standards (SAS) provide the standards that should be followed by CPAs providing an audit of a client's financial statements. Statements on Standards for Consulting and Review Services (SSCS) provide the standards that should be followed by CPAs providing consulting and review services. Statements on Accounting Principles (SAP) do not exist as a recognized set of standards for CPAs.

Which of the Following Standards Represents the Standards Followed by CPAs