Compilations and Reviews: Risks, Procedures and Fraud Webcast | 4202774G

Description

Improve your proficiency in reducing the risk of material misstatements - whether caused by fraud or error. Deepen your understanding of the AICPA's professional standards for compilations and reviews.
Review questions and case studies that probe the practical meaning of professional standards. Attendees will address the professional judgments and practical considerations related to minimizing misstatements, legal exposure, and peer review deficiencies.

Highlights

Fraud
Misstatements
Materiality
Revenue recognition
Related parties
Going concern uncertainties
Engagement letters
Documentation and peer review considerations

Objectives

Identify potential problem areas concerning compliance with the standards for compilations and reviews.
Determine ways to apply professional standards to situations commonly encountered in public practice.
Recognize ways to minimize the risk of association with financial statements containing material misstatements whether caused by fraud or error.

Designed For

Partners, managers and accountants.