This course is designed to help those who supervise preparation, compilation, and review engagements adhere to professional standards by informing them of the latest developments and pertinent issues relevant to these engagements. Participants will gain insights into the U.S. business economy, peer review practices, FASB updates, and various aspects that influence preparation, compilation, and review engagements.
DESIGNED FOR
CPA firm seniors (and above) managing engagements performed in accordance with SSARS
BENEFITS
- 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.
HIGHLIGHTS
- 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
PREREQUISITES
Experience with engagements performed in accordance with SSARS
ADVANCE PREPARATION
None