Peer Reviews of SSARS Engagements

Saturday, December 28, 2024
Webcast or Webinar, Online
9:00 AM - 11:00AM (opens at 8:30 AM) EST
2Credits
Accounting and Auditing

Registration is Open

Members
$89.00 Regular Price
Non-Members
$119.00 Regular Price

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$40.00 Members / $56.00 Non-Members
Course Type: Webcast
Course Code: 24/CX48143
Level: Basic
Vendor: CPA Crossings, LLC
Field of Study: Accounting

Overview:

Cover the basic requirements of a peer review performed in accordance with AICPA's Peer Review Standards for firms that perform preparation, compilation, and review engagements. Topics include the documents reviewed by peer reviewers, the evaluation of the engagements, types of matters and peer review reports, the administrative process, peer review committee involvement, and requirements of the state boards of accountancy. This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.

Objectives:

After completing this course, you will be able to...

  • Recognize basic tenets of engagement reviews performed in accordance with the AICPA Peer Review Standards.
  • Recall tips to make sure that your firm has a successful peer review.

Major Topics:

The major topics covered in this class include:

  • Basic requirements of an engagement review.
  • Qualifications for serving as a peer reviewer.
  • Involvement of peer review administrators and technical staff, peer review committees, AICPA, state boards of accountancy.
  • Engagement selection criteria, information to be provided to the peer reviewer, the evaluation of engagements, the synthesis of matters, the nature of the reports, what happens if there is a nonconforming engagement, follow-up actions required by the committee.
  • Common engagement review findings and tips for passing peer review.

Major Topics:

The major topics covered in this class include:

  • Basic requirements of an engagement review.
  • Qualifications for serving as a peer reviewer.
  • Involvement of peer review administrators and technical staff, peer review committees, AICPA, state boards of accountancy.
  • Engagement selection criteria, information to be provided to the peer reviewer, the evaluation of engagements, the synthesis of matters, the nature of the reports, what happens if there is a nonconforming engagement, follow-up actions required by the committee.
  • Common engagement review findings and tips for passing peer review.

Designed For:

Members in Public Accounting

Prerequisites:

None