[Heena93]

Hey guys,

Can you pls help me out.

I am not understanding when is SSARS or SAS used? What I think is –

SSARS is used when accounting review services in case of non-issuer is performed by any CPA (not auditor)
SAS is used when auditing services in case of non-issuer is performed by the auditor (CPA).

Now, if it is correct, what are the cases when any company is not required to get its Financial Statements audited?

Thanks a lot!

AUD - 78
BEC - NINJA in Training
FAR - 91
REG - NINJA in Training

Heena
NINJA in training