Advanced Update for Compilation, Review and Accounting Services (111028A)
REGISTRATION STATUS:
Online registrations are closed for this event. We can take your registration over the phone at 800-782-2036.
Description:
If you manage a compilation, review and accounting service practice, this course is an absolute must; it enables a partner to ensure that current year engagements conform to all applicable professional standards. A practice-oriented review of the latest developments, cases, and lively discussion among the experienced participants make this class informative and practical. The material covers the entire spectrum of partner concerns: current professional standards, independence rules, engagement and representation letters, field work, disclosure, reporting, documentation, quality control, engagement administration, specialty engagements and peer review.
Objectives:
Upon completion of this course, participants will be able to: Identify responses to compilation, review and accounting service practice issues that conform to all applicable current professional standards
Major Topics:
- What the engagement team really needs to know to correctly plan, review and report this year's engagements
- Fraud D where the firm's responsibility begins and ends
- Hands-on practice in case studies applying recent SSARSs pronouncements, interpretations and technical practice aids
- The most common deficiencies found by peer reviewers
- Proposed standards and other developments on the horizon that may affect compilation, review or accounting service practices
Who Should Attend:
* CPA firm seniors (and above) managing compilation, review and accounting services
Prerequisite:
Management of a compilation, review or accounting service practice
Advanced preparation:
None