Our 2017 compilation and review course is just the guide you need to understand and implement SSARS 21. Our small firm oriented manual walks your firm through all of the new rules and provides the SSARS-21 compliant engagement letters, report letters and statement disclaimers you need in a busy practice. Combine the letters with clear explanation and guidance of the nuances of the new preparation standard and the changes to the compilation rules and you will have a new understanding of what rules apply and what rules do not apply when working with clients for bookkeeping, reporting and financial statement needs.
The review chapter includes the new report and engagement letters provided by SSARS 21 as well as guidance on analytical review, inquiry and new management representation letters
Upon completion of this course, you will be able to: Summarize and apply the changes brought about by new regulations; Avoid common errors found during the Peer Review process; Make distinctions between the requirements for compilations, reviews, and audits; Determine the appropriate course of action for subsequent events, departures from GAAP/OCBOA, changes in the level of engagement; Prepare review reports that are compliant with the new SSARS 19 literature; Perform all requirements necessary to produce a complete review engagement; Prepare compliant Statements of Cash Flows; Prepare compliant compilation and review reports; And more.
CPE Hours : 8
Level : Basic
Prerequisites : None
Field Of Study : Accounting
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