Overview
Discuss training your staff and managing your preparation, compilation, and review engagements to comply with the professional standards surrounding engagements performed in accordance with Statements on Standards for Accounting and Review Services (SSARSs). Through a practice-oriented review, the latest developments and case studies are explored, fostering an engaging and informative discussion among the experienced participants. This practical approach enhances the learning experience, making the course both educational and applicable.
Objectives
• Identify the professional standards and risk factors relevant to the planning and performance of preparation, compilation, and review engagements, including engagements on pro forma and prospective financial information.
• Identify responses to preparation, compilation, and review engagement practice issues that comply with all applicable
professional standards.
Major Topics
• Overview of preparation, compilation, and review guidance
• Accounting and reporting issues
• Current practice issues
• Common deficiencies in peer reviews
• Current and future standard setting projects
• International reporting issues in SSARS engagements
• Special Purpose Framework financial statement issues
• Case studies
• Latest developments
