Preparation, Compilation and Review Engagements: Update and Review

Description

If you supervise preparation, compilation,and review engagements, this course will help you comply wit 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.

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

Objectives

Identify key economic factors and accountant's responsibility for fraud

Recognize recent SSARs, 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.

Designed For

CPA firm Seniors and above managing engagements performed in accordance with SSARS