If you supervise preparation, compilation, and review engagements, this course will help you comply with the professional standards by informing you of the latest developments and issues relevant to these engagements. Learn about the U.S. business economy, peer review, FASB updates, International Financial Reporting Standards, and other areas affecting preparation, compilation, and review engagements. TOPICS DISCUSSED Overview of preparation, compilation, and review guidance Accounting and reporting issues Current practice issues Common deficiencies in peer reviews Current and future standard setting projects
LEARNING OBJECTIVES When you complete this course you will be able to: Recognize recent Statements on Standards for Accounting and Review Services (SSARSs), accounting, and reporting developments. Recognize recent SSARSs, accounting, and reporting developments. Identify the professional standards and risk factors relevant to the planning of preparation, compilation, and review engagements.
Experience with engagements performed in accordance with SSARS