Webcast: Successfully Navigating the Impacts of SSARS No. 21 (XSSSAR18)
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Statements of Standards for Accounting and Review Services (SSARS) recently underwent a complete revision through the issuance of SSARS No. 21, Statements of Standards for Accounting and Review Services: Clarification and Recodification. The most monumental change is the creation of a brand new non-attest service entitled “Preparation of Financial Statements”. This course will focus on clear and practical guidelines for successfully navigating the changed professional requirements of SSARS No. 2

2/1/2018
When: 02/01/2018
12:00 PM until 2:00 PM
Where: Webcast
SURGENT
SSAR-2017-01-WEBNR-32-01
United States
Presenter: Jen Louis, CPA


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Acronym XSSSAR18
CPE 2 hours
Vendor Surgent
Category
A&A
Level Basic
Prerequisite None
Adv Prep None
Yellow Book? No
Registration Fees
Members* $89
CPA Non-Members $114

*The member rate applies to LCPA members, other state CPA society members, and non-CPA staff of LCPA members. To register online, use the ‘Register’ button above. To register by phone, call the LCPA Member Service Center at 800.288.5272 or 504.464.1040, Monday through Friday, 8am to 5pm.

Course Description
Statements of Standards for Accounting and Review Services (SSARS) recently underwent a complete revision through the issuance of SSARS No. 21, Statements of Standards for Accounting and Review Services: Clarification and Recodification. The most monumental change is the creation of a brand new non-attest service entitled “Preparation of Financial Statements." This course will focus on clear and practical guidelines for successfully navigating the changed professional requirements of SSARS No. 21 compared to current practice.

Objectives

  • Describe the difference in the accountant’s responsibilities for services related to preparation of financial statements, compilations and reviews
  • Understand the minimum documentation requirements for each level of service
  • Identify the required elements of the appropriate accountant’s report

Major Topics

  • Satisfying the completely clarified and revised professional standards related to preparation of financial statements, compilations and reviews
  • Differentiating when it is appropriate to perform a preparation of financial statements non-attest service instead of a compilation engagement requiring a report to be issued
  • Highlighting the major reporting changes for compilations and reviews

Designed For
Practicing CPAs who prepare, compile or review financial statements for clients

Note: Login instructions will be provided by the webcast vendor (Surgent).