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Successfully Navigating the Impacts of SSARS No. 21 (SSAR) (SUSSAR08)

 
Date:Monday, December 11, 2017
Time:1:00 PM - 3:00 PM
(Registration at 12:30PM)
Facility:Webcast or Webinar, Online
CPE Credit:2.0 Accounting and Auditing
Instructor: Jennifer F. Louis
Vendor:Surgent McCoy
Course Level:Basic
Early Bird Price:$89.00 FICPA Members, $119.00 Non-Members

Description:
Statements of Standards for Accounting and Review Services (SSARS) recently underwent a complete revision through the issuance of SSARS No. 21, Statements of Standards for Accounting and Review Services: Clarification and Recodification. The most monumental change is the creation of a brand new non-attest service entitled "Preparation of Financial Statements". This course will focus on clear and practical guidelines for successfully navigating the changed professional requirements of SSARS No. 21 compared to current practice.

Objectives:
  • Describe the difference in the accountant’s responsibilities for services related to preparation of financial statements, compilations and reviews
  • Understand the minimum documentation requirements for each level of service
  • Identify the required elements of the appropriate accountant’s report


Major Topics:
  • Satisfying the completely clarified and revised professional standards related to preparation of financial statements, compilations and reviews
  • Differentiating when it is appropriate to perform a preparation of financial statements non-attest service instead of a compilation engagement requiring a report to be issued
  • Highlighting the major reporting changes for compilations and reviews


Who Should Attend:
Practicing CPAs who prepare, compile or review financial statements for clients

Prerequisite:
None

Advanced Preparation:
None

Session/Options

If listed below, select the appropriate sessions or options to continue with your purchase.

Registration Status: CLOSED - Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.