Overview:
Participants 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.
Objectives:
• Explain the difference between preparation, compilation and review usage • Know when to use each service • Describe the usage of compilation and review reports • Describe the changes to the SQCS becoming SQMS • Develop checklists to use for preparations, compilations, and reviews • Employ materiality rules to Review Services • 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
Major Topics:
• Preparation, Compilations and Reviews
Major Topics:
• Preparation, Compilations and Reviews
Designed For:
Small to mid-size CPA firms.
Prerequisites:
None