Description
Understand the elements, performance requirements, and documentation expectations for a variety of engagements.
Objectives
- Identify the detailed definitions and required elements of engagements to prepare financial statements or perform a compilation or review of financial statements.
- Recall the performance standards for an engagement to prepare financial statements or perform a compilation or review of financial statements.
- Recognize the minimum documentation requirements for an engagement to prepare financial statements or perform a compilation or review of financial statements.
Highlights
- Definitions and elements
- Performance requirements
- Required documentation
- Considerations for changes in a level of service