If you perform a good amount of compilations, reviews and financial statement preparation engagements as part of your attest practice, then this seminar is right for you! Our compilation, review and financial statement preparation overview training session will give you and your professional staff everything you need to perform these engagements efficiently and effectively. We will address all current regulations relevant to SSARS as well as the latest best practices that will help you streamline the performance of these engagements. In addition, we will provide a general overview of the AICPA Independence Rules.
Course ID: IPSO
Independence and Professional Standards Overview & SSARS Financial Statement Preparation and Reviews and Compilations
Learning Objectives
After completing this course, you will be able to:
• Apply a general understanding of the AICPA Independence Rules and the Code of Professional Conduct
• Distinguish how to perform compilation, review and financial statement preparation engagements
• Use the reporting requirements associated with compilation and review engagements
• Determine how to provide preparation of financial statements services
Major Topics
• Compilation, review and financial statement preparation engagements – introduction
• Performing compilation, review and financial statement preparation engagements
• Reporting on compilation, review and financial statement preparation engagements, including sample reports
• Recently issued SSARSs
• General overview of the AICPA Independence Rules
Who Should Attend
CPAs and practitioners who frequently perform compilation, review and financial statement preparation engagements under the AICPA SSARS requirements.
Fields of Study
AuditingPrerequisites
CPAs and practitioners with experience performing compilation, review and financial statement preparation engagements under the AICPA SSARS requirements.