Reporting on Compilation Engagements

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Overview

1.5 Credits
ONLINE

This innovative CPE course has been designed to provide a convenient, accessible way for firms to train their staff in this area of practice. With the introduction of SSARS No. 21, Statement on Standards for Accounting and Review Services: Clarification and Recodification, this area of practice will be experiencing a level of change not seen in over 30 years. This CPE course provides fundamental training on the requirements associated with reporting on compilation engagements performed in accordance with SSARSs. This enhanced learning program combines real-world examples, practice exercises, case studies, and a "learning coach", to create a flexible, engaging learning experience.

Objectives

  • Identify the standard compilation report.
  • Determine when common modifications should be applied to the standard compilation report.
  • Recognize the report modifications required for special purpose framework (SPF) financial statements.

Major Topics

  • Standard compilation reports
  • Common modifications to the standard compilation report
  • Report modifications for SPF financial statements
  • Other accounting frameworks

Designed For

CPA firm staff members that perform review, compilation and financial statement preparation engagements
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