Discuss the Five SSARS Requirements That Must Be Met When

question 63

Essay

Discuss the five SSARS requirements that must be met when an accountant is performing a compilation of financial statements.

Understand the principles and limitations of the parol evidence rule.

Recognize situations that fall outside the statute of frauds concerning promises in consideration of marriage.

Assess the role of electronic agents in the formation of electronic contracts under E-Sign.

Understand the fundamental concepts of assignments and delegations in contract law.

---

Definitions:

Inventory

A detailed list of items in stock or possession, often used for assessment or operational purposes.

Domains

Specific areas of interest or activity, especially areas of knowledge or expertise.

Organizational Citizenship

Volunteer actions of employees that contribute to the organization's well-being beyond the scope of their job requirements.

Internal

Refers to elements, operations, or factors existing or occurring within an entity or system.