SSARS 21 a significant revision to nonaudit standards

http://www.journalofaccountancy.com/News/201411156.htm The use of cloud technology has blurred the lines of who prepared the financials. This standard attempts to provide guidance in the area of accounting and reviews, preparation, and compilation, with inclusion of sections 60, 70, and 80 respectively. Implementation date is for periods ending on or after 12/15/15 although earlier implementation is encouraged for those smaller firms seeking efficiencies.