Webinar

Preparation, Compilation and Review Engagements: Update and Review

If you have questions about this event, please call us at 952-831-2707.

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By reviewing the latest developments and issues relevant to preparation, compilation and review engagements, you'll be able to adhere to professional standards while performing these types of engagements.

Major subjects

• 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

Learning objectives

• Identify the key economic factors that may affect clients and their financial statements
• Recall the accountant's responsibility for going concern issues, subsequent events, fraud, and recommendations for minimizing fraud-related risk
• Recall the requirements and resources applicable to the performance of SSARSs engagements
• Identify some of the more common peer review findings in compilation and review engagements
• Recall basic elements of some recently issued accounting standards and current and future FASB projects
• Recognize the Financial Reporting Framework for Small- and Medium-Size Entities (FRF for SMEs™) as an alternative to other special purpose frameworks and to accounting principles generally accepted in the United States
• Identify recently issued quality management standards, the fundamentals of QC section 10, A Firm's System of Quality Control, and current independence and ethics issues
• Identify current issues identified by the Accounting and Review Services Committee

Who should take this program?

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

Pricing

Our records indicate you are a nonmember. If you register, you will be charged $269.00 (Standard Nonmember Fee). Members: Please log in to receive member fee.