Preparation, Compilations and Reviews-A Practical Workshop WEBCAST

Overview

This course will go over the changes on preparation, compilation and review engagements using SSARS rules, followed by a general overview of how to perform these services. This interactive workshop is designed for practitioners in small and medium-sized CPA firms and will include a lecture with generous time for questions and case studies.

Highlights

Preparation, compilations and reviews.

Prerequisites

None.

Designed For

Small to mid-size CPA firms.

Objectives

Implement those changes needed due to COVID-19. Explain the difference between preparation, compilation, and review usage including when to use each service. Describe usage of the new compilation and review reports. Demonstrate FRF vs. GAAP accountant reports for your client. Describe the changes to the SQCS becoming SQMS. Develop checklists to use for preparations, compilations, and reviews. Employ materiality rules to review services. Summarize required analytical procedures. Interpret documentation rules for a review. Employ alternatives to standard reporting services. Discuss practical ideas and ways to implement relevant changes in the firm. Identify and implement keys to profitable engagements. Apply the SSARS rules.

Preparation

None.

Notice

None.