Preparation, Compilation, and Review Engagements: Update and Review

Presented by Daryl Krause

Presentation type = pre-record/rebroadcast

Qualifies for Yellow Book CPE Credit

If you supervise preparation, compilation, and review engagements, this course is designed to assist you in adhering to professional standards, informing you of the latest developments and pertinent issues relevant to these engagements. Gain insights into the U.S. business economy, peer review practices, FASB updates, and various aspects that influence preparation, compilation, and review engagements.

CPA firm seniors (and above) managing engagements performed in accordance with SSARS Prerequisite

• Identify key economic factors and accountant's responsibility for fraud.
• Recognize recent SSARSs, accounting, and reporting developments.
• Identify the professional standards and risk factors relevant to the performance of preparation, compilation, and review engagements, including engagements on pro forma and prospective financial information.

Overview of preparation, compilation, and review guidance

Accounting and reporting issues

Current practice issues

Common deficiencies in peer reviews

Current and future standard setting projects