Preparations, Compilations, and Reviews: Get Your Head Out of Your ARSC - MN - (PCE517)
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The AICPA’s Accounting and Review Services Committee (ARSC) develops the SSARS. There are now three levels of engagements in the SSARS – Preparation, Compilation, and Review – and they now extend to engagements other than historical financial statements such as specified items, elements, accounts, pro-forma financial information, and prospective financial information. This course is an in-depth discussion of all three levels of service to help you complete your engagements within standards.

 Export to Your Calendar 12/18/2017
When: 12/18/2017
8:30 AM until 4:30 PM
Where: Hampton Inn
601 Mane Street
Monroe
United States
Presenter: Kurt Oestriecher


Online registration is available until: 12/18/2017
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AcronymPCE517
CPE8 hours
VendorOES
Category
Accounting & Auditing
LevelBasic
PrerequisiteNone
Adv PrepNone
Yellow Book?No
RegistrationEarly Bird
(through 12/3)
Standard
(after 12/3)
Member$299$349
CPA Non-Member$399$449

The Member rate applies to LCPA members, other state 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

The Accounting and Review Services Committee of the AICPA (ARSC) develops the SSARS. There are now three levels of engagements in the SSARS, Preparation, Compilation, and Review. The SSARS also now extend to engagements other than historical financial statements such as specified items, elements, and accounts, pro-forma financial information, and prospective financial information.

If you perform any engagements under SSARS, this course is an absolute must. An in-depth discussion of all three levels of service will provide the necessary guidance to ensure that you are completing your engagements within standards.

The following topics are addressed:

  • SSARS guidance and applicability
  • Engagement acceptance, including engagement letters
  • Performance standards for all engagements
  • Reporting issues for compilations
  • Reporting issues for reviews
  • Special issues for comparative financial statements
  • Inquiry and analytical procedures in a review engagement
  • Documentation issues for all types of SSARS engagements
  • Sample communications and reports