Statements on Standards for Accounting and Review Services (SSARS) govern the CPA's association with unaudited financial statements of nonpublic companies.

Question

Quizplus · Accepted Answer

This is correct. SSARS provides guidance for firms performing preparation, compilation, and review engagements for nonpublic companies. It outlines the responsibilities of the CPA and provides guidance on the performance, documentation, and reporting requirements for these engagements.

Statements on Standards for Accounting and Review Services (SSARS) Govern