Compilation and Review
This course informs the reader of the various changes made to the compilation and review standards by the AICPA’s Accounting and Review Services Committee (ARSC), and addresses practice issues related to compilation and review engagements.
Included in this course is an overview of SSARS No. 21, as amended by SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services- 2016, and SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services- 2018. The course addresses the three types of engagements that can be performed under the SSARSs: a preparation of financial statements engagement, a compilation engagement, and a review engagement. The course also addresses SSARS No. 22, Compilation of Pro Forma Financial Information.
The course also includes practice issues in compilation and review engagements. Topics include an accountant’s responsibility for fraud, internal control and going concern, representation letters for review engagements, personal financial statements, tax-basis financial statements, legends on financial statements, an accountant’s liability in compilation and review engagements, saving time in engagements, and more.
Annual Membership: $149
Receive unlimited access to all courses offered by Sequoia CPE for 1 year (no ethics included).
100% Money Back Guarantee
If you are not satisfied with your purchase for any reason, you may receive a full refund any time in the first 45 days of membership. Please call Customer Service at 1-800-572-9675 with any concerns or to request a refund.
Avg. Rating: 4.63 / 5
Sequoia CPE is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.