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Compilation, Preparation and Review Basics and Peer Reviews

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Virtual

2.00 Credits

Member Price $89.00

Non-Member Price $89.00

Overview

Cover the basic requirements for performing preparation, compilation, and review engagements under Statements on Standards for Accounting and Review Services (SSARS), including the new SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions. Review common issues found on SSARS engagements in connection with peer reviews and the impact of various findings on the results of a peer review. Identify key issues to consider during SSARS engagements, and determine how to incorporate quality control recommendations and tips for performing high-quality SSARS engagements. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event

Highlights

The major topics covered in this class include:

  • Basic requirements included in AR-C Section 60, General Principles; AR-C Section 70, Preparation of Financial Statements; AR-C Section 80, Compilation Engagements; and AR-C Section 90, Review of Financial Statements.
  • New requirements included in SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions.
  • Common peer review findings.
  • Practice tips for high-quality engagements.

Prerequisites

None

Designed For

Members in Public Accounting

Objectives

After completing this course, you will be able to:

  • Recognize the foundational principles of SSARS.
  • Identify the new requirements included in SSARS No. 25, Materiality in a Review of Financial Statements and Adverse Conclusions.
  • Indicate processes to achieve high-quality SSARS engagements.

Preparation

None

Non-Member Price $89.00

Member Price $89.00