Description

This course is designed to help those who supervise preparation, compilation, and review engagements adhere to professional standards by informing them of the latest developments and pertinent issues relevant to these engagements. Participants will gain insights into the U.S. business economy, peer review practices, FASB updates, and various aspects that influence preparation, compilation, and review engagements.

Target Audience

CPA firm seniors (and above) managing engagements performed in accordance with SSARS prerequisite.

Course Objectives

When you complete this course, you will be able to:

• Identify key economic factors and accountant’s responsibility for fraud.

• Recognize recent SSARSs, accounting, and reporting developments.

• Identify the professional standards and risk factors relevant to the performance of preparation, compilation, and review engagements.

Subjects

• Overview of preparation, compilation and review guidance

• Accounting and reporting issues

• Current practice issues

• Common de??ciencies in peer reviews

• Current and future standard-setting projects

Prerequisites

Experience with engagements performed in accordance with SSARS