Participants who attend this update will receive real time discussion and tools designed to help them better perform compilation, review, and preparation of financial statements engagements. This course addresses recently issued Standards for Accounting and Review Services (SSARSs) and the challenges arising from these engagements through a variety of discussions and questions.
Learning Objectives
- Upon completion of this course, participants will be able to:
- Identify and understand the application of SSARSs
- Recognize and effectively implement recently issues SSARS
- Recall frequent SSARS engagement deficiencies found during peer review.
Major Topics
- The course reviews, summarizes, and discusses recently issued and exposed SSARSs such as the recently issued SSARS No. 24.
- Addresses the correct application of SSARSs and discusses some significant recurring peer review deficiencies in compilation and review engagements
- Briefly discusses select SSARS Interpretations and other useful non-authoritative resources
- Provides a list of useful websites