Proposed statement on standards for accounting and review services : Computer-prepared interim financial statements;Computer-prepared interim financial statements; Exposure draft (American Institute of Certified Public Accountants), 1982, June 15

Authors

American Institute of Certified Public Accountants. Accounting and Review Services Committee

Files

Description

This proposed Statement would grant the accountant an exemption from the SSARS 1 requirement to comply, as a minimum, with the standards for a compilation engagement when, in specified circumstances, he submits computer-prepared interim financial statements to his client or others. The draft would require the use of a legend on each page of the statements, stating that the computer-prepared interim financial statements do not purport to reflect all appropriate adjustments and disclosures required by generally accepted accounting principles (or another comprehensive basis of accounting) and that they were not compiled, reviewed, or audited by an independent accountant.

Publication Date

1982

Relational Format

Book

Keywords

Financial statements, interim -- Standards -- United States; Financial statements, interim -- Data processing

Disciplines

Accounting | Taxation

Comments

Originally published by: American Institute of Certified Public Accountants; Copyright and permission to reprint held by: American Institute of Certified Public Accountants.

Recommended Citation

American Institute of Certified Public Accountants. Accounting and Review Services Committee, "Proposed statement on standards for accounting and review services : Computer-prepared interim financial statements;Computer-prepared interim financial statements; Exposure draft (American Institute of Certified Public Accountants), 1982, June 15" (1982). Exposure Drafts, Comment Letters, and Statements of Position. 449.
https://egrove.olemiss.edu/aicpa_sop/449