Description
Included in Preparation, Compilation and Review Staff Essentials, this CPE course provides fundamental training on the requirements associated with reporting on review engagements performed in accordance with SSARSs.
Objectives
- Determine reporting options for review engagements
- Recall the elements of the standard review report
- Identify common modifications to the standard review report
- Recall the report modifications required for SPF financial statements
Highlights
- Standard review reports
- Common modifications to a standard review report
- Report modifications for Special Purpose Framework (SPF) financial statements
- Potential effects of International Financial Reporting Standards (IFRS), IFRS for SMEs, and private company accounting standards on financial accounting for private companies