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Live Webcast Replay

ACPEN Signature: 2015 Compilation and Review Update


Total Credits: 8 including 8 Accounting - Technical

Average Rating:
   166
Categories:
Accounting and Auditing |  ACPEN Signature
Faculty:
Laura A. Billingsley, CPA, MS Acc, MEd |  Kurt G. Oestriecher, CPA |  James A. Smith, CPA, CGMA
Course Levels:
Update
Duration:
8 Hours
License:

Dates


Description

This course is designed to assist CPAs who perform compilation or review engagements. In the fall of 2014, the Accounting and Review Services Committee (ARSC) of the AICPA issued a new standard to clarify and revise the Statements on Standards for Accounting and Review Services (SSARS). The new SSARS is the biggest change to the Standards since they were issued over 30 years ago. In addition, a new level of service - the financial statement preparation service - is introduced. Our panelists will discuss all four sections of the new SSARS, SSARS No. 21, and explain the requirements of each. The course will also point out the differences between the extant guidance and the guidance in the new SSARS, and will discuss best practices when implementing SSARS No. 21.

Basic Course Information

Learning Objectives

*Explain the requirements of all four sections of the new SSARS


Major Subjects

*SSARS

*SSARS No. 19


Course Materials

Faculty

Laura A. Billingsley, CPA, MS Acc, MEd's Profile

Laura A. Billingsley, CPA, MS Acc, MEd Related Seminars and Products


Laura A. Billingsley, CPA, MS Acc, MEd, is an executive editor of PPC products for the Tax & Accounting business of Thomson Reuters in Carrollton, Texas, where she is responsible for the technical content and annual update of several PPC products. She is a coauthor of PPC’s Guide to SSARS Preparation EngagementsPPC’s Guide to PCAOB AuditsPPC’s Guide to Religious OrganizationsPPC’s Practice Aids for Audits of Oil and Gas Entities, and PPC’s Guide to Fraud Risk Assessments; and a contributing author to PPC’s Guide to Compilation and Review Engagements, PPC’s Guide to Managing an Accounting PracticePPC’s Guide to Write-up ServicesPPC’s Guide to GAAS, PPC’s Guide to Audits of Financial Institutions, PPC’s Guide to Dealerships, and The PPC Accounting and Auditing Update newsletter. She has been an observer at the AICPA Accounting and Review Services Committee meetings for more than 20 years. Before joining Thomson Reuters, she was a senior audit manager at PricewaterhouseCoopers LLP, where she managed attest, business assurance, and consulting engagements for both small business and public company clients. Ms. Billingsley is a member of the American Institute of Certified Public Accountants. 


Kurt G. Oestriecher, CPA's Profile

Kurt G. Oestriecher, CPA Related Seminars and Products


Kurt G. Oestriecher, CPA is a partner with Oestriecher & Company, CPA’s of Alexandria, Louisiana and has been with the firm since graduating cum laude from the University of Louisiana - Monroe in 1986 with a BBA in Accounting. He is partner in charge of accounting and auditing services and is also involved in litigation support and small business consulting engagements. He is a member of the American Institute of Certified Public Accountants (AICPA) and the Society of Louisiana Certified Public Accountants (LCPA), and he served as President of the LCPA in 2002–2003. He has chaired the Louisiana Accounting and Auditing Conference Committee, Strategic Planning Committee, Budget Committee, and Nominating Committee. Kurt was the recipient of the 1998, 2006, 2010, and 2018 Outstanding Discussion Leader Award from the LCPA, and was named the Outstanding Discussion Leader for the AICPA for eleven consecutive years from 2007 - 2018.  He has authored and co-authored many
educational courses on accounting and auditing topics, including the AICPA “Annual Update for Accountants and Auditors”, and “Auditor Communications – Critical New Requirements”. Kurt served a four-year term on the Accounting and Review Services Committee of the AICPA from 2000-2004, and the AICPA Joint Trial Board from 2006- 201. He was a member of Council of the AICPA and was an Adjunct Instructor of Accounting at LSU-Alexandria and Northwestern State University.


James A. Smith, CPA, CGMA's Profile

James A. Smith, CPA, CGMA Related Seminars and Products

Managing Director

Smith, Jackson, Boyer & Bovard, PLLC


James A. (Jim) Smith, CPA, CGMA, serves as Managing Director of Smith, Jackson, Boyer & Bovard, PLLC, a Dallas Certified Public Accounting firm.  He practices extensively in tax compliance, planning and controversy representation for individuals and entrepreneurial businesses. He also is engaged in the preparation, compilation and review of financial statements; exit strategy planning for entrepreneurs; merger and acquisition planning and transactions; and forensic accounting and litigation services. 

Mr. Smith served as Chair of the Texas Society of CPAs (TSCPA) for the 2007-2008 year, and as a member of its Professional Standards and Federal Tax Policy Committees since their inception.  He served as a member of the AICPA Council 2007 through 2011 and from 2012 through 2015.  He also served as an appointed member of two of the AICPA’s key standard setting committees:  the Accounting and Review Services Committee from 2008 through 2011 and the Tax Practice Responsibilities Committee, 2014 to 2017.


Additional Info

Basic Course Information

Advanced Preparation None
Course Developer Business Professionals' Network, Inc.
Designed For Public Practice and Industry
Prerequisites None
Yellow Book

No


Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Instructional Delivery Method Live, Interactive Individual, Public and In-House Group Webcast, In House Group Study (DVD) (available two weeks after event)
Official Registry Statement

Business Professionals' Network, Inc. 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 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.nasbaregistry.org


Reviews

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Overall:      4.4

Total Reviews: 166

Comments

Suzanne N

"Great program!"

Thomas O

"The roundtable format was slightly hard to follow at times, but he content was excellent."

Alan H - X

"A lot of information available, but presented at a good pace."

Jacqueline D

"All 3 presenters were very knowledgeable and had very healthy, helpful debates on the topics.. "

Edward C - WESTERN SPRINGS, Illinois

"great seminar, speakers very knowledgeable"