Preparation, Compilation, and Review Engagements: Update and Review
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
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
Provider
AICPA
Course Level
Update
Professional Area of Focus
Accounting & Auditing
CPE Field of Study
Auditing
4.0
Who Should Attend
Professionals who supervise preparation, compilation and review engagements.
Instructor(s)
Kurt Oestriecher
Prerequisites
Experience with engagements performed in accordance with SSARS