Preparation, Compilation and Review Engagements: Update and Review

Overview

4.0 Credits
IN-PERSON

If you supervise preparation, compilation, and review engagements, this course will help you comply with the professional standards by informing you of the latest developments and issues relevant to these engagements. Learn about the U.S. business economy, peer review, FASB updates, International Financial Reporting Standards, and other areas affecting preparation, compilation, and review engagements.

Objectives

 Identify key economic factors and accountant's responsibility for fraud  Recognize recent SSARSs, accounting, and reporting developments  Identify the professional standards and risk factors relevant to the performance of preparation, compilation, and review engagements, including engagements on pro forma and prospective financial information

Major Topics

 Overview of preparation, compilation, and review guidance  Accounting and reporting issues  Current practice issues  Common deficiencies in peer reviews  Current and future standard setting projects

Designed For

CPA firm seniors (and above) managing engagements performed in accordance with SSARS

Prerequisite

Experience with engagements performed in accordance with SSARS

Advanced Preparation

None
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NOTES: This class is part of the Winter Cluster. THIS IS A PAPERLESS CLASS. Electronic materials for this class will be available for download approximately 1 week before the class by logging into your account on our website.