Compilations, Reviews, & Preparations: Engagement Performance & Annual Update

View Bio

Instructor

Bill
Eskin

View Bio

Bill Eskin

Bio

William I. Eskin, CPA
President, WIE, Inc./Baltimore, MD

Bill is the owner of a consulting group, WIE, Inc. that provides assistance in various accounting and financial fields including construction contractors and real estate developers. Among the services provided include: profit enhancement, forensic and fraud investigations, and expert witness testimony in the areas of GAAS compliance, SSARS compliance, and GAAP compliance, specifically related to identifying and proving CPA malpractice.

Previously, Bill was the Director of Financial Analysis & Investigation for the world’s largest surety operation. There, he provided financial and accounting assistance, and advice to the underwriting and claims functions in addition to performing numerous forensic and fraud investigations related to employee dishonesty and other defalcations.

Bill is an annual speaker at the AICPA National Construction Conference, numerous state CPA societies, as well as many organizations related to GAAP, GAAS, and SSARS compliance. In addition, each year, he assists in the authoring and review of the AICPA annual Construction Audit Guide Update and Construction Contractors Industry Developments.

Bill has recently authored and published Construction Contractors: Real-World Guide to Accounting & Auditing and Real Estate: Real-World Guide to Accounting & Auditing.

In 2008 and 2009 Bill received an Outstanding Discussion Leader of the AICPA award.

Specifically designed for preparation, compilation, and review practitioners and
their staff, this course will provide you with a comprehensive review and hands-on
application for performing financial statement preparation, compilation, and
review engagements. You will learn the ins and outs of SSARS No. 21, Clarification
and Re-codification. The course will also cover the changes that have occurred
with the issuance of SSARS Nos. 22 and 23 with regard to compilation of pro
forma financial information engagements, engagements on prospective financial
information, as well as in other areas relevant to SSARS No. 21 engagements.
Also, the course will perform a detailed review of the key provisions of the recently
issued SSARS No. 24, Omnibus Statement on Standards for Accounting and
Review Services - 2018. Lastly, we will review proposed changes to the SSARS in
order to conform the guidance to international standards.

Major Topics:
• SSARS No. 21, Clarification and Re-codification, and updates to SSARS No. 21
due to the issuance of SSARS No. 23, Omnibus Statement on Standards for
Accounting and Review Services
• SSARS No. 22, Compilation of Pro Forma Financial Information
• SSARS No. 24, Omnibus Statement on Standards for Accounting and Review
Services - 2018
• Proposed changes to the SSARS
• Sample comprehensive engagement work programs for preparation,
compilation and review engagements
• Reporting and disclosure illustrations for each level of service, including
attesting on personal financial statements, prescribed form, special purpose
framework and other engagement variations
• Other communication requirements, such as sample engagement letters
and management representation letters

Learning Objectives:
• Understand, apply SSARS No. 21, Clarification and Re-codification
• Be familiar with changes due to the issuance of SSARS Nos. 22, 23 and 24
• Be familiar with compilation and review program examples and disclosure
illustrations
• Identify and apply compilation, preparation, and review procedures
• Be aware of the most recent compilation and review reports and other
communications
• Utilize hands-on examples and illustrations to increase your overall
understanding and application of the material and SSARS guidance
• Be aware of other important guidance affecting small and medium-sized
business practitioners

CPE Credits Available

8 CPE

8: Accounting & Auditing

Things to Know About This Course

Course Level

Update

Professional Area of Focus

Compilation
Peer Review
Preparation
Review
SSARS

Provider

Surgent McCoy CPE