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Guide and Update to Compilations, Reviews and Preparations (SVP1)

  • 06/23/2020
  • 8:00 AM - 11:30 AM
  • Live Webinar

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Specifically designed for compilation, preparation, and review practitioners and their staff, this course provides an overview, update, and hands-on application for performing compilation, preparation, and review engagements. Learn the ins and outs of SSARS No. 21, Clarification and Recodification as well as other recent releases from the AICPA. The course performs a detailed review of the key provisions of the recently issued SSARS No. 24 Omnibus Statement on Standards for Accounting and Review Services - 2018. Review proposed changes to the SSARS in order to conform the guidance to international standards. Not only does this course bring you up to date on SSARSs requirements and guidance, but more importantly, it provides you with practical examples and illustrations to help you effectively and efficiently perform compilation, preparation, and review engagements.

Learning Objectives:

  •     Understand and apply SSARS No. 21, Clarification and Recodification
  •     Be familiar with changes due to the issuance of SSARS Nos. 22, 23 and 24
  •     Be familiar with preparation, compilation, and review program examples
  •     Be aware of the most recent reports and other required communications

Major Topics:

  • SSARS No. 21, Clarification and Recodification, and updates to SSARS No. 21 due to the issuance of SSARS No. 23, Omnibus Statement on Standards for Accounting and Review Services
  • SSARS No. 24, Omnibus Statement on Standards for Accounting and Review Services - 2018
  • SSARS No. 22, Compilation of Pro Forma Financial Information
  • Comprehensive sample engagement work programs for every level of SSARS No. 21 service
  • Complete illustrations of engagement letters, management representation letter, reporting and other required communications for every level of SSARS No. 21 service
  • Quality issues related to SSARS No. 21 engagements
  • Proposed changes to the SSARS

Designed For: Accounting practitioners & their staff performing and managing compilation, preparation, and review engagement services

Level: Update

Instructor: Tom Sheets

Developer: Surgent

Area of Study: 4 Auditing     

Prerequisite: Experience in performing and managing compilation, preparation, and review engagements


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 (701) 775-7111
or (877) 637-2727
Email: info@ndcpas.org

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