Beach Retreat: Preparation, Compilation, and Review Engagements Update
Description
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.
Learning Objectives
Upon the completion of this course, participants will be able to:
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
Current and future standard setting projects
Common deficiencies in peer reviews
Current practice issues
Accounting and reporting issues
Provider
AICPA
Course Level
Update
Professional Area of Focus
Accounting & Auditing
CPE Field of Study
Auditing
4
Who Should Attend
CPA firm seniors (and above) managing engagements performed in accordance with SSARS
Prerequisites
Experience with engagements performed in accordance with SSARS
