Codification of Statements on Standards for Accounting and Review Services

As of January 1, 2008

All statements on Standards for Accounting and Review Services and Related Interpretations currently in effect have been organized by subject and fully indexed in this companion reference.

This new 2008 edition has been updated with the following:

• Revises existing literature to reflect the issuance of SSARS No. 15, Elimination of Certain References to Statements on Auditing Standards and Incorporation of Appropriate Guidance Into Statements on Standards for Accounting and Review Services
• Includes SSARS No. 16, Defining Professional Requirements in Statements on Standards for Accounting and Review Services
• Revises existing literature (including relevant interpretations) to reflect the issuance of SSARS No. 17, Omnibus Statement on Standards for Accounting and Review Services 2008. Moved existing literature to new sections until SSARS 17 becomes effective.
• Rescinds Interpretation No. 4 of AR Section 100, "Discovery of Information After the Date of the Accountant's Report"
• Rescinds Interpretation No. 11 of AR Section 100, "Reporting on Uncertainties"
• Rescinds Interpretation No. 12 of AR Section 100, "Reporting on a Comprehensive Basis of Accounting Other Than Generally Accepted Accounting Principles"
• Includes (and subsequently revises) Interpretation No. 29 of AR Section 100, "Reporting on an Uncertainty, Including an Uncertainty About an Entity's Ability to Continue as a Going Concern"
• Includes AR Exhibit A, Analytical Procedures in a Review Engagement
• Includes AR Exhibit B, Going Concern Considerations
• Includes AR Exhibit C, Subsequent Events Considerations

HOW TO USE THIS VOLUME

Scope of the Volume . . .

This volume, which is a reprint of the accounting and review services part of the looseleaf edition of AICPA Professional Standards, includes Statements on Standards for Accounting and Review Services Nos. 1 to 14, issued by the Accounting and Review Services Committee, and interpretations issued by the AICPA staff.

How This Volume Is Arranged . . .

The contents of this volume are arranged as follows:
Statements on Standards for Accounting and Review Services
Accounting and Review Services Interpretations
Appendixes
Topical Index

How to Use This Volume . . .

The arrangement of material in this volume is indicated in the general table of contents at the front of the volume. There is a detailed table of contents covering the material within each major division.

The major divisions are divided into sections, each with its own section number. Each paragraph within a section is decimally numbered. For example, AR section 200.04 refers to the fourth paragraph of section 200. Reporting on Comparative Financial Statements.

Accounting and Review Services Interpretations are numbered in the 9000 series with the last three digits indicating the section to which the interpretation relates. Interpretations immediately follow their corresponding section.
For example, interpretations related to section 100 are numbered 9100 which directly follows section 100.

There are two appendixes as follows:

Appendix A indicates sections of the text cross-referenced to Statements on Standards for Accounting and Review Services.
Appendix B is reserved.

Appendix C provides a schedule of changes in Statements on Standards for Accounting and Review Services.

A topical index uses the key word method to facilitate reference to the statements and interpretations. The index is arranged alphabetically by topic with references to section and paragraph numbers.