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Compilation and Review: A Look at SSARS 21


Total Credits: 2 including 2 Accounting - Technical

Average Rating:
   5
Categories:
Accounting and Auditing |  Partner Produced
Duration:
1 Hour 40 Minutes
License:

Dates


Description

If you perform compilations and reviews, you will want to know about the Statements on Standards for Accounting and Review Services (SSARS) 21 and the 2015 compilation and review changes from the Accounting and Review Services Committee.  These revisions represent the most significant change to these standards in over 30 years.

Basic Course Information

Learning Objectives *Describe the new FASB Pronouncements that will apply to Compilation and Review engagements *Compare and contrast SSARS 21 with the former Compilation and Review standards *Describe the key changes when applying SSARS 21 *Describe the issues found in the ?RED zone? (reporting, engagement letters, documentation) *Describe how related issues like quality control and peer review impact Compilation and Review engagements *Describe the impact of Ethics Interpretation 101-3 on Independence and SSARS 21
Major Subjects *New Compilation and Review Standards for 2015 *SSARS 21 *Preparation of Financial Statements, Compilations, and Reviews *New Issues in Compilation and Review Engagement letters *Review Representation Letters Specified in SSARS 21 and Earlier SSARSs *Advanced Look at Documentation Standards for Changes Required by New Preparation, Compilation and Review Standards *Updates on Previously Issued Standards that Still Apply and their Involvement with SSARS 21

Course Materials

Additional Info

Basic Course Information

Advanced Preparation None
Course Developer FICPA
Designed For CPAs and accounting professionals in public practice, practitioners who prepare SSARS engagements, employees who have a need to know the SSARS pronouncements, and any users of financial statements issued under the SSARS pronouncements.
Prerequisites Working knowledge of Compilation and Review engagements including GAAP and SSARS Pronouncements

Additional Information

Complaint Resolution Policy Please contact Anne Taylor for any complaints. anne.taylor@acpen.com, (972-377-8199).
Instructional Delivery Method Group Internet Based
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


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Overall:      4.6

Total Reviews: 5