Featured CE: Compilation, Review and Preparation Standards

SSARS 21 has made some sweeping changes that will enable a CPA to assist the client “prepare financial statements” that would NOT be considered a compilation (and not subject to peer review). This seminar will examine and explain the new guidance and all other recently-issued standards. The seminar is appropriate for new staff members in your firm as well as those not-so-new members who need a refresher regarding preparation, compilation, and review. The seminar will address the practical problems of providing quality engagements, accepting and terminating clients, and some of the major issues with independence. The participant will work many short application problems that involve a variety of practical situations that confront CPAs in public practice on a regular basis.  This course qualifies for CPE credit only

Course Particulars:

Credit Hours: 8
Level: Intermediate
Field of Study: Accounting
Requires Prerequisites or Advanced Preparation: No
Delivery Method: Online Video
Instructor: Garland Granger, MA, CPA, CIA, CFE

Upon successful completion of this course participant should be able to be complete the following objectives:

  • Update participants regarding the primary changes to Compilation & Review standards (AICPA) subsequent to SSARS 21
  • Discuss implementation issues & significant changes
  • Consider the necessary changes to client communications, engagement performance & engagement documentation
  • Discuss the major requirements of SSARSs for preparations, compilations, and reviews.