中央财经大学会计专业英语教程Chapter 14.pptVIP

Feature Topic Skepticism Applies to All Types of Engagements 14.1 Other Assurance Engagements Review and Compliance Services Many non-public companies have their financial statements reviewed or complied by a CPA, instead of having them audited. The standards for compilations and reviews of financial statements are called Statements on Standards for Accounting and Review Services (SSARS). Because review service and compilation services provide less assurance than audits, it is important that the accountant establish an understanding with the client, preferably in a written engagement letter.