Compilations & Reviews: A Practical Approach Webinar
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Overview
Public accountants tasked with generating compilations and reviews need a systematic approach to generating these documents. This targeted, one-day webinar will focus on the key factors you need to consider when putting together a compilation or review. You will:
- Gain an in-depth review of SSARS
- Compare compilations, reviews, and audits
- Identify departures between GAAP and OCBOA
Objective
To provide CPAs with the confidence to generate compilations and reviews that are thorough enough to meet professional standards, efficient enough to complete in a timely manner and effective enough to avoid deficiencies.
Emphasis
- SSARS 26 Quality Management
- SSARS 21 Clarity Project
- Recent updates and interpretations
- Limited assurance
- Issues and disclosures regarding independence
- Documentation, materiality, and ethics
- Other Financial Reporting Frameworks and comparison to GAAP, including treatment of departures
- Comparative statements
- Scope limitations and elimination of management-use-only statements
- Changing accountants
- Special purpose engagements
- Legal issues
- Common peer review deficiencies
- Association with financial statements
- Preparation engagements
- "Review Evidence" and review procedures
This course is included in the following passes:
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View PassesPrerequisite
Basic knowledge of financial accounting and reporting
Level of Knowledge
Intermediate
CPE Credits
8
Hours
NASBA Field of Study
Accounting