The AICPA’s Accounting and Review Services Committee issued an exposure draft of a proposed Statement on Standards for Accounting and Review Services (SSARS), Applicability of Statements on Standards for Accounting and Review Services. The exposure draft proposes to amend AR section 100. Under the proposal, SSARSs would not apply when the provisions of AU section 722, Interim Financial Information, apply.
The revisions were drafted based on the comment letters received on the proposed Statement on Auditing Standards (SAS), Interim Financial Information, and the views of the task force working on the proposed auditing standard. The proposed SSARS may have to be further revised based on the final SAS as voted by the Auditing Standards Board.
The ED is available here. The comment period closes Jan. 9.