Preparation, Compilations and Reviews: A Practical Workshop ON DEMAND

Overview

Participants will go over the changes on preparation, compilation and review engagements using SSARS rules, followed by a general overview of how to perform these services. Participants will explore how to effectively perform these services through comprehensive lectures. Designed for practitioners in small and medium-sized CPA firms, the course includes detailed explanations and practical examples, with opportunities to deepen understanding through real-world case studies.

Highlights

Quality management standards and risk-based approach ethics, independence, and NOCLAR. Guidance engagement letters and client acceptance practices. Preparation, compilation, and review engagements. Special purpose frameworks and tax basis documentation standards and peer review readiness. Emerging trends, risks, and professional development.

Prerequisites

None.

Designed For

CPAs and accountants.

Objectives

Explain the difference between preparation, compilation, and review usage, and know when to use each service effectively. Develop and employ checklists for preparations, compilations, and reviews, incorporating materiality rules and SSARS guidelines. Discuss practical ideas to implement changes, including the transition from SQCS to SQMS, and identify keys to profitable engagements.

Preparation

None.

Notice

None.