Surgent's Performing Effective and Efficient Compilations and Reviews (Audit Skills Training - Level 2) (A2M1)

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