Reminder Concerning Single Audits and SSARS 21Engagements
Here’s a reminder concerning Single Audits and SSARS 21 engagements.
Auditors will begin using the Uniform Guidance (rather than A-133) for audits of clients with December 31, 2015 year-ends.
The effective date of SSARS 21 is for years ending on or after December 15, 2015. SSARS 21 encompasses the following:
- Preparation of Financial Statements Engagements (AR-C 70)
- Compilation Engagements (AR-C 80)
- Review Engagements (AR-C 90)
Update your engagement letters, forms, and reports for these types of engagement.