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Performing Compilations and Reviews (GCRV)

Customer Rating
Field of Study
Auditing
Level
Intermediate
Credits
2
Qualifies For
CPE



Price:  $19.99
Specifically designed for practitioners and their staff wanting an overview of compilation and review engagements, this course will introduce you to the objectives of compilation and review engagements, SSARS No. 21, Clarification and Recodification, which is currently applicable and is the most significant change to the compilation and review standards since their inception over thirty years ago, and the basic components and characteristics of financial statement preparation, compilation, and review engagements. The course will also address the changes in professional standards for compilations and reviews due to the issuance of SSARS No. 22, Compilation of Pro Forma Financial Information, and SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services – 2016. This course will also provide you with a review of the ins and outs of accepting and planning compilation and review engagements.

Additional information

Credits

2

Format

Self-Study Download

Company Code

Self Study

Yellow Book Approved

0

CFP Approved

0

IRS Approved

0

CTEC Approved

0

Field of Study Credits

Auditing (Technical) (2)

Field of Study Department

Auditing (Technical)

Course Version

2019-01

CPE Approved

1

Pre-requistes:

Experience in financial accounting and reporting

Knowledge Level:

Intermediate

Major Topics:

  • SSARS No. 21, Clarification and Recodification
  • Overview of SSARS No. 22, Compilation of Pro Forma Financial Information, and SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services – 2016
  • Components and characteristics of financial statement preparation, compilation, and review engagements
  • Accepting and planning financial statement preparation, compilation, and review engagements
  • Objectives of financial statement preparation, compilation, and review engagements

Learning Objectives:

  • Review the ins and outs of accepting and planning financial statement preparation, compilation, and review engagements
  • Identify the basic components and characteristics of financial statement preparation, compilation, and review engagements
  • Be familiar with SSARS No. 21, Clarification and Recodification
  • Identify changes in professional standards due to the issuance of SSARS No. 22, Compilation of Pro Forma Financial Information, and SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services – 2016
  • Understand the objectives of financial statement preparation, compilation, and review engagements

Designed For:

Accounting practitioners and their staff wanting an overview of engagements prepared under SSARS No. 21, Clarification and Recodification, and related professional guidance
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