SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions, amends the following AR-C sections in AICPA Professional Standards:
AR-C section 60, General Principles for Engagements Performed in Accordance With Statements on Accounting and Review Services.
AR-C section 70, Preparation of Financial Statements.
AR-C section 80, Compilation Engagements.
AR-C section 90, Review of Financial Statements.
SSARS No. 25:
Further converges AR-C section 90 with International Standard for Review Engagements 2400 (Revised),