The At a Glance about SSARS No. 27, Applicability of AR-C Section 70 to Financial Statements Prepared as Part of a Consulting Services Engagement, summarizes how SSARS No. 27:
Amends AR-C section 70, Preparation of Financial Statements, in AICPA Professional Standards.
Addresses misunderstanding as to the required application of the section.
Does not adversely affect the public interest if an engagement that includes the preparation of financial statements for the client’s use is performed in accordance with