A new interactive tool helps practitioners who perform accounting services for their clients determine whether they should comply with AR-C Section 70.
AR-C Section 70 stems from Statement on Standards for Accounting and Review Services (SSARS) No. 21, Statement on Standards for Accounting and Review Services: Clarification and Recodification.
Even though SSARS No. 21 is nearly nine years old, the AICPA continues to field questions from tax practitioners confused about the applicability of AR-C Section 70.
The new interactive guide allows practitioners to answer a set of questions to determine whether AR-C Section 70 applies. Read more.