Compilation and Preparation Series

Overview

Comprehensive training your staff needs to be able to perform compilation and preparation engagements consistently and accurately.

Highlights

Key Topics

• Compilation and financial statement preparation engagement fundamentals
• Performing compilation and financial statement preparation engagements
• Reporting on compilation engagements, including illustrative reports
• Current accounting and reporting issues

Prerequisites

None

Designed For

Who Will Benefit

• CPAs
• Accounting firm staff members
• AICPA members
• Auditors

Objectives

Learning Outcomes

• Identify the performance requirements applicable to compilation and financial statement preparation engagements.
• Recall the reporting requirements associated with compilation engagements.
• Recall firm-level quality management requirements under SQMS No. 1.
• Identify various financial reporting frameworks used in the preparation of financial statements.