llluzzi, Kristy
Bookkeeping or preparation service? That is the question
The article discusses the importance for accountants to understand their specific task with clients in the preparation of financial statements to avoid violating the Statement on Standards for Accounting and Review Services (SSARS) No. 21 in the U.S. The effort of the Center for Plain English Accounting to offer considerations for accountants facing issues in financial statement preparation is mentioned. Suggestion for accountants to clearly indicate their engagements is also emphasized.
Bookkeeping or preparation service? That is the question
The article discusses the importance for accountants to understand their specific task with clients in the preparation of financial statements to avoid violating the Statement on Standards for Accounting and Review Services (SSARS) No. 21 in the U.S. The effort of the Center for Plain English Accounting to offer considerations for accountants facing issues in financial statement preparation is mentioned. Suggestion for accountants to clearly indicate their engagements is also emphasized.