What’s New in Preparation Compilation & Review: SSARS 21 In Depth (111010-15)
Description
Participants will: • Obtain an overview of the standards,
interpretations, and practice problems involved in compilation and
review today
• Become aware of the changes to compilation and review standards
involving the new SSARS clarity redrafting project
• Understand the impact of engagement-driven compilation standards and
the preparation engagement option
• Gain an appreciation for the CPA’s increased responsibilities for
detecting and reporting fraud during compilation and review engagements
Learning Objectives
Obtain an overview of the issues that the profession faces that affect
compilation and review engagements. Coverage will reflect the most
recently issued authoritative literature and use case studies to
illustrate the accountant’s responsibilities. Course content will focus
on the role of the CPA in providing a range of accounting and financial
statement services to closely held businesses.
Major Topics
• SSARS review: Compilation, review, and audit • Bookkeeping and accounting services • SSARS 21: engagement driven compilations • Preparation of plain paper statements • Fraud in compilation and review engagements • SSARS clarity and recodification project • Case studies and questions
Course Level
Update
CPE Field of Study
Accounting
4
Location
Loyola Graduate Center
2034 Greenspring Dr Lutherville-Timonium, MD21093US