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CANCELLED: Compilation and Review Engagement Essentials (11W110-13)

Description

Many beginning CPAs are not familiar with two of the local CPA firm’s
most popular engagements: compilations and reviews of private companies.
Shorten staff learning time and increase their earning time by sending
them to this hands-on course. First, participants learn what
distinguishes a compilation and review from accounting and auditing
services. After an overview of the current SSARS standards, the
participants walk through a traditional compilation engagement. Once the
traditional compilation engagement is understood, staff identify the
changes to make when compiling management-use-only or interim financial
statements, or compiling specified elements, accounts or items of a
financial statement. Participants then repeat the process for a review
engagement.

Learning Objectives
  1. Identify the activities required to perform a basic compilation and review of financial statements, draft the accountant's report and document the engagement in accordance with the professional standards
Major Topics
  1. Aids for selecting the correct SSARS guidance and observing key differences among compilations, reviews, accounting services and audits
  2. Executing the compilation and review engagement programs
  3. Making effective inquiries and analytical procedures
  4. Preparing the representation letter
  5. Preparing the accountant's compilation or review report
  6. Documenting the work performed
Course Level
Basic
CPE Field of Study
Auditing
8
Location
LIVE- ONLINE WEBCAST
Event Information
When
Jan 14, 2013
8:00 am - 3:30 pm EST
Location
LIVE- ONLINE WEBCAST
Total CPE Credits
8
Format
Webcast Replay

Register for this Event

CANCELLED: Compilation and Review Engagement Essentials (11W110-13)


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