This course includes an analysis of all of the relevant authoritative pronouncements that a CPA must have an understanding of in order to properly perform preparation, compilation and review engagements. Troublesome areas as identified in peer reviews and litigation will be addressed. This course is loaded with practical aids to enable CPAs to comply with the standards! Participants who take this course will enjoy a smooth sailing in their peer reviews...guaranteed! This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.
Learning Objectives
After attending this presentation you will be able to...
- Identify key changes in recently issued AICPA SSARS standards.
- Recognize common deficiencies in SSARS engagements as identified in peer reviews.
- Recall common deficiencies in SSARS engagements as identified in lawsuits.
Major Topics
The major topics that will be covered in this class include:
- Analysis of the ''Preparation of Financial Statements'' standards as amended by SSARS 26 with detailed implementation guidance.
- Analysis of the ''Compilation'' standards as amended by SSARS 26 with implementation guidance.
- Analysis of the ''Review'' standards as amended by SSARS 26 with detailed implementation guidance.
- Common mistakes made in SSARS engagements as identified in peer reviews and in litigation.
