Description
CPAs perform various attest and non-attest services for clients. This includes bookkeeping, preparing financial statements, compilations and reviews. This module will focus on managing the accountant's risks associated with performing various non-audit services.
Highlights
- Avoiding litigation risks in accounting services
- Documentation requirements for non-audit services, including accounting services, compilations, and reviews
- Changing the scope of services, such as stepping down engagements
- Proposed changes to SSARS engagements
- Illustrative excerpts from certain engagement letters and SSARS reports
Objectives
- Explain how to avoid litigation risk in bookkeeping services
- Discuss common peer review deficiencies associated with compilations and reviews
- Describe advanced SSARS reporting issues, such as complying with international standards
Designed For
Accountants who perform non-audit engagements