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Annual Update for Preparation, Compilation, and Review Engagements (CORU15)
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A go-to reference for managing your preparation, compilation, and review engagements, this course will help you comply with all of the professional standards surrounding engagements performed in accordance with SSARS. The course covers the entire spectrum of practitioner concerns and introduces the new requirements applicable to engagements to prepare financial statements contained in SSARS No. 21, released in connection with the Accounting and Review Services Committee’s SSARS Clarity project.

10/20/2015
When: 10/20/2015
8:30 AM until 4:30 PM
Where: L'Auberge Hotel & Casino
777 Avenue L'Auberge
Lake Charles, Louisiana 
United States
Presenter: Thomas Snell


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Early Bird Fees (through 10/2)
Members $279
Non-Members $379
After 10/2, add $50 to your fee.

CPE: 8 hours
Level: Update
Vendor: AICPA
Category: Accounting & Auditing
Prerequisites: Experience with engagements performed in accordance with SSARS
Advanced prep: None

Who should attend: CPA firm seniors (and above) managing engagements performed in accordance with SSARS

A go-to reference for training staff and managing your preparation, compilation, and review engagements, this course will enable you to be in compliance with all the professional standards surrounding engagements performed in accordance with Statements on Standards for Accounting and Review Services (SSARS). A practice-oriented review of the latest developments, cases, and lively discussion among the experienced participants make this class informative and practical.

The course covers the entire spectrum of practitioner concerns and introduces the new requirements applicable to engagements to prepare financial statements contained in SSARS No. 21, Statements on Standards for Accounting and Review Services: Clarification and Recodification, released in connection with the Accounting and Review Services Committee’s SSARS Clarity project.

Objectives

  • Plan, conduct, and review preparation, compilation, and review engagements.
  • Identify the professional standards and risk factors relevant to the planning of preparation, compilation, and review engagements.
  • Identify responses to preparation, compilation, and review engagement practice issues that comply with all applicable professional standards.

    Major Topics
  • Overview of preparation, compilation, and review guidance
  • The SSARS Clarity Project, including the issuance of SSARS No. 21, Statements on Standards for Accounting and Review Services: Clarification and Recodification
  • Accounting and reporting issues
  • Current practice issues
  • Common deficiencies in peer reviews
  • Current and future standard setting projects
  • Engagement administrative and performance issues
  • Special Purpose Framework financial statement issues
  • Latest developments

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