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Dear Client, I ( We ) have reviewed the accompanying documents of XYZ Company, which comprise the balance sheet as of December 3 1 ,
Dear Client,
I
We
have reviewed the accompanying documents of XYZ Company, which comprise the balance sheet
as of December
XX
and the related statements of income, changes in stockholders
equity and
cash flows for the year then ended, and the related notes to the financial statements. A review includes
primarily applying analytical procedures to management
s
owners
financial data and making inquiries
of company management
owners
A review is substantially less in scope than an audit, the objective of
which is the expression of an opinion regarding the financial statements as a whole. Accordingly, I
we
do not express such an opinion.
Accountant
s Responsibility
My
Our
responsibility is to conduct the review engagement in accordance with Statements on
Standards for Accounting and Review Services promulgated by the Accounting and Review Services
Committee of the AICPA. Those standards require me
us
to perform procedures to obtain limited
assurance as a basis for reporting whether I am
we are
aware of any material modifications that should
be made to the financial statements for them to be in accordance with accounting principles generally
accepted in the United States of America. I
We
believe that the results of my
our
procedures provide
a reasonable basis for my
our
conclusion
I am
We are
required to be independent of XYZ Company and to meet our other ethical
responsibilities, in accordance with the relevant ethical requirements related to our reviews.
Based on my
our
review I am
we are
not aware of any material modifications that should be made to
the accompanying financial statements in order for them to be in accordance with accounting principles
generally accepted in the United States of America. Describe the specific type of SSARS engagement presented in the report provided by the employee.
Analyze the essential components that are missing from the provided report based on the engagement type
s requirements.
Justify the rationale for including each required component of the engagement type used in the report.
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