Surgent's Compilation and Review Overview

Available Anytime
Location: Online
2Credits
Accounting and Auditing
Registration is Open
FICPA Members
$49.00 Regular Price
Nonmembers
$64.00 Regular Price
Product Code: SU24-CROV-SSDL
Level: Intermediate
Vendor: Surgent
Field of Study: Auditing

Overview:

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. 22-25, including SSARS No. 25's guidance on materiality and reporting. This course will also provide you with a review of the ins and outs of accepting and planning compilation and review engagements.

Objectives:

  • Understand the objectives 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. 22–25
  • Identify the basic components and characteristics of financial statement preparation, compilation, and review engagements
  • Review the ins and outs of accepting and planning financial statement preparation, compilation, and review engagements

Major Topics:

  • Objectives of financial statement preparation, compilation, and review engagements
  • SSARS No. 21, Clarification and Recodification
  • Components and characteristics of financial statement preparation, compilation, and review engagements
  • Accepting and planning financial statement preparation, compilation, and review engagements
  • Overview of SSARS No. 22–25

Designed For:

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

Prerequisite:

Experience in financial accounting and reporting

Additional Info:

You will receive an email from [email protected] with instructions on how to log onto your course shortly.  If you do not receive the email within the hour, please check your spam filter.

For technical support, registration questions or other customer service-related inquiries, please call (800) 778-7436 or email [email protected]. Phones are staffed from 8:30 a.m. to 5:00 p.m. Eastern Time, Monday through Thursday, and 8:30 a.m. to 4:00 p.m. Eastern Time on Friday.