This course offers a review of standards for preparation services, accountants’ risks, and strategies to minimize risks. The goal of this course is to ensure that you have current knowledge and understanding of the AICPA’s professional standards for the preparation of financial statements and can apply them to reduce the risk of material misstatements, whether caused by fraud or error. It will also cover guidance in professional judgments to provide these services.
Misstatements. Materiality. Related parties. Going concern uncertainties. Client acceptance and continuation. Engagement letters. Prospective financial statements. Documentation.
Accountants and financial professionals.
Understand AICPA’s professional standards for preparations of financial statements. Apply professional standards to reduce the risk of material misstatements, whether caused by fraud or error.
Richard Ferdinand is the Chief Financial Officer of Werner Publishing Company, a publisher of special interest magazines in the fields of aviation, photography, and golf. Mr. Ferdinand previously spent 20 years in the public sector as a sole practitioner specializing in audits, accounting and review services and special consulting engagements.
Rich is a past recipient of the Outstanding Instructor Award from the AICPA and the California CPA Foundation award for Instructor Excellence. He received his MBA from the University of Chicago and B.A. in mathematics from Colgate University.
Non-Member Price $209.00
Member Price $159.00