Surgent's Performing Preparation, Compilation, Review and Engagements (2 hours)
Available Until
On-Demand
2.0 Credits
Member Price $89.00
Non-Member Price $119.00
Overview
CPA firms generally perform a significant number of preparation, compilation and review engagements under the Statements of Standards for Accounting and Review Services (SSARS). Compilations and reviews are performed as attest engagements where preparation engagements do not require independence and as such are considered non-attest engagements. Reviews, like audits are considered assurance services. Reviews provide limited assurance that financial statements are free of material misstatement. In addition, the CPA may perform other non-attest services, such as bookkeeping. CPAs must fully understand the professional responsibilities related to each of these varying levels of services, in order to effectively and efficiently satisfy engagement objectives and ensure compliance with professional standards relative to independence. (Please Note: This module is part of Surgent’s Audit Skills Training: Level 1.)
Highlights
- Compare and contrast the basis and requirements of preparation, compilation, and review engagements
- Identifying key reporting elements of compilation and review reports
- Impact of special purpose accounting frameworks and other special issues
Designed For
Accountants new to providing preparation, compilations, and review engagements
Objectives
- Explain the basis and requirements for a compilation contrasted with preparing financial statements
- Describe the basis and requirements for a review
- Discuss special purpose framework and other issues
Notice
“Adding to Calendar” does not register you for this event. Please either register online by clicking “Add to Cart” or contacting OSCPA at 503-641-7200 / 800-255-1470, ext. 3. Thank you!
Non-Member Price $119.00
Member Price $89.00