Performing Preparation, Compilation, and Review Engagements

A go-to reference for training staff and managing your preparation, compilation, and review engagements, this course will enable you to be in compl...

3/9/2022 2:30pm - 4:30pm | Online | AICPA

Members: $99.00, Non-members: $119.00

CPE Categories: Auditing (2 CPE)

Description

A go-to reference for training staff and managing your preparation, compilation, and review engagements, this course will enable you to be in compliance with all of the professional standards surrounding engagements performed in accordance with Statements on Standards for Accounting and Review Services (SSARSs).

Target Audience

CPA firm staff or seniors looking to perform engagements in accordance with SSARSs

Course Objectives

When you complete this course you will be able to:

*Recall scope and definition of preparation, compilation and review engagements.

*Identify elements, performance requirements and documentation requirements of preparation, compilation and review engagements.

Subjects

Definition of an engagement to prepare financial statements

Forms, checklists, and other documentation in an engagement to prepare financial statement, compilation engagements and review engagements

Difference between compilation and preparation engagements

What constitutes a compilation engagement and for what type of entities compilations can be performed

What constitutes a review engagement

Changes in level of service

Prerequisites

None