Interpretation to SSARS No. 1 issued.

• Position: Accounting & auditing news - Applicability of SSARS No. 1 When Performing Controllership or Other Management Services - Brief Article

The Accounting and Review Services Committee issued an interpretation titled Applicability of SSARS No. 1 When Performing Controllership or Other Management Services. The interpretation would require an accountant in the practice of public accounting, as defined by the AICPA's Code of Conduct [ET section 92.23], and who is not a stockholder, partner, director, officer or employee of the entity, to follow the performance and communication requirements of SSARS No. 1. If the accountant is in the practice of public accounting and is a stockholder, partner, director, officer or employee of the entity, the accountant may (1) comply with the requirements of SSARS...